In the range of disposable income where the consumption function lies above the 45° line,

A) disposable income is negative.
B) saving is negative.
C) disposable income equals planned expenditures.
D) induced consumption is zero.
E) saving is positive.

B

Economics

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In a perfectly competitive market, one farmer's barley is

A) completely different from another farmer's barley. B) a perfect substitute for another farmer's barley. C) a monopolized product in that farmer's local market. D) a monopolized product in the national market. E) slightly different from another farmer's barley.

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The costs of unemployment to an individual out of work are larger now than in the 1930s

a. True b. False Indicate whether the statement is true or false

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