Final Answer:
Dissaving occurs where:
C. Consumption exceeds income.
Step-by-step explanation:
The correct option is (C) Consumption exceeds income. Dissaving refers to a situation where individuals or households are spending more than their income, leading to a reduction in savings or the depletion of existing savings. In other words, when consumption surpasses income, it results in dissaving.
The other options (A, B, D) describe scenarios where savings are either equal to or exceed income, which is not indicative of dissaving. Understanding the relationship between income, consumption, and savings is crucial in the context of personal finance and economic analysis.