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    Exam 5: Keynesian System I: the Role of Aggregate Demand
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    In the Keynesian Consumption Function
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In the Keynesian Consumption Function

Question 37

Question 37

Multiple Choice

In the Keynesian consumption function


A) consumption is a constant fraction of income.
B) the marginal propensity to consume is constant.
C) disposable income determines consumption.
D) All of the above
E) None of the above

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