The relationship between households' planned consumption expenditures and households' level of disposable real income is called
A) the consumption function.
B) the savings function.
C) the investment function.
D) the household aggregate demand function.
Ans: A) the consumption function.
Economics
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What will be an ideal response?
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An increase in the U.S. demand for foreign exchange will
a. decrease the price of foreign exchange b. decrease the value of the U.S. dollar c. increase the value of the U.S. dollar d. make foreign goods less expensive in U.S. dollars e. make U.S. goods more expensive in foreign exchange
Economics