Multiple Choice
When the consumption function becomes steeper,
A) the MPC rises.
B) the saving function also become steeper.
C) less of every dollar is consumed.
D) the MPC falls.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: What does the marginal propensity to consume
Q200: Equilibrium expenditure occurs where the aggregate expenditure
Q202: <span class="ql-formula" data-value="\begin{array} { | l |
Q203: If there are no taxes or imports
Q204: An increase in the price level decreases
Q207: In an article regarding Bangladeshʹs economy, the
Q208: The multiplier effect exists because a change
Q209: When aggregate planned expenditure is less than
Q210: <span class="ql-formula" data-value="\begin{array} { | l |
Q360: A change in the real interest rate