Which of the following is correct? A) Consumption is a function of income B) Consumption is a function of saving C) Income is a function of consumption D) Income is a function of saving Related MCQs: Which of the following is a withdrawal from the circular flow of income stream? Which of the following accounts for cost push inflation? Which one of the following is not associated with the process of globalization of production? Which of the following is not a factor which enhances an economy’s growth potential?