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Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206 Exercise 9
The consumption function tells us that, as income rises, consumption _______.
A) declines
B) remains the same
C) rises more slowly than income
D) rises more quickly than income
A) declines
B) remains the same
C) rises more slowly than income
D) rises more quickly than income
Explanation
Verified
Verified
When income increases, consumption also ...
Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
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