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The Above Data Suggest That

Question 11

Multiple Choice

The above data suggest that: A) consumption varies inversely with after-tax income. B) consumption varies directly with after-tax income. C) consumption and after-tax income are unrelated. D) a tax increase will increase consumption. The above data suggest that:


A) consumption varies inversely with after-tax income.
B) consumption varies directly with after-tax income.
C) consumption and after-tax income are unrelated.
D) a tax increase will increase consumption.

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