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Not yet answeredPoints out of 4.00Flag question Question text According to the consumption function stated above, consumption is a function of disposable income.This implies that

Not yet answeredPoints out of 4.00Flag question

Question text

According to the consumption function stated above, consumption is a function of disposable income.This implies that the saving schedule is _____.If consumption was a function of disposable income and the real interest rate, such thatC= 1,000 + 0.75(Y-T) - 50r, the saving schedule would be _____.

Select one:

A.

Horizontal, vertical

B.

Horizontal, upward sloping

C.

Vertical, upward sloping

D.

Vertical, downward sloping

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