consumption depends on_______ a. income b. saving c. aggregate demand c.both a and b
Answers
Answered by
12
Answer:
aggregate demands....
Answered by
1
Answer:
a is the correct answer
Explanation:
This model suggests that as income rises, consumer spending will rise. However, spending will increase at a lower rate than income. At low incomes, people will spend a high proportion of their income.
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