menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 11: Expenditure Multipliers
  5. Question
    The Slope of the Consumption Function
Solved

The Slope of the Consumption Function

Question 297

Question 297

Multiple Choice

The slope of the consumption function


A) is positive and equals 1 - MPC.
B) is negative.
C) equals the MPC.
D) is undefined below the 45-degree line.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q292: Mauritius, an island off the coast of

Q293: When the economy is in equilibrium<br>A) planned

Q294: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The data in

Q295: If there are no income taxes or

Q296: The positive slope of the consumption function

Q298: The presence of imports _ the size

Q299: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure

Q300: Which of the following shifts the aggregate

Q301: A consumption function shows a<br>A) negative (inverse)

Q302: Suppose the economy has no income taxes

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines