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    Exam 25: Spending and Output in the Short Run
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    A Decrease in Stock Prices Alters the Consumption Function By
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A Decrease in Stock Prices Alters the Consumption Function By

Question 19

Question 19

Multiple Choice

A decrease in stock prices alters the consumption function by:


A) increasing the slope.
B) decreasing the slope.
C) increasing the vertical intercept.
D) decreasing the vertical intercept.

Correct Answer:

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