That part of disposable income not spent on consumption is defined as:

a. transitory disposable income.
b. permanent disposable income.
c. disposable income.
d. autonomous consumption.
e. saving.

e

Economics

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Every market exchange is a Pareto superior move

a. True b. False

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If reservation prices are positively correlated, then

A) pure bundling cannot increase a firm's profit. B) pure bundling can increase a firm's profit. C) it is unclear whether or not pure bundling can increase a firm's profit. D) consumers lose leverage over firms.

Economics