Asked by Yesenia Gomez on Apr 27, 2024
Verified
When disposable income is 4,000,C + I is
A) 500.
B) 750.
C) 3,500.
D) 4,000.
Disposable Income
The net income available to an individual or household for saving or spending after income taxes have been deducted.
C + I
An abbreviation for "Consumption + Investment," which are components used in calculating gross domestic product (GDP) in the expenditure method.
- Detail the interplay between investment, disposable income, and consumption.
Verified Answer
LG
Lauren GonzalezMay 02, 2024
Final Answer :
D
Explanation :
Disposable income is also known as the income available for consumption and investment. So, C + I should be equal to disposable income, which in this case is given as 4,000. Therefore, the correct answer is D) 4,000.
Learning Objectives
- Detail the interplay between investment, disposable income, and consumption.