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    Exam 11: The Income-Expenditure Model
  5. Question
    The Slope of the Consumption Function Equals _______ While the Slope
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The Slope of the Consumption Function Equals _______ While the Slope

Question 110

Question 110

Multiple Choice

The slope of the consumption function equals _______ while the slope of the 45 degree line equals _______.


A) one; zero
B) the MPC; zero
C) the MPC; one.
D) MPS; MPC

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