Question: Induced consumption expenditures . ( LO9 ) a) fall as income rises b) are always equal to autonomous consumption expenditures c) plus saving equals total
Induced consumption expenditures
. ( LO9 )
a) fall as income rises
b) are always equal to autonomous consumption expenditures
c) plus saving equals total consumption expenditures
d) represent consumption that is independent of income
e) are infl uenced mainly by income
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