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    Exam 12: Aggregate Expenditure Multiplier
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    The Consumption Function Shows the Relationship Between
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The Consumption Function Shows the Relationship Between

Question 32

Question 32

Multiple Choice

The consumption function shows the relationship between


A) consumption expenditure and the price level.
B) consumption expenditure and planned income.
C) consumption expenditure and disposable income.
D) inventory levels and real GDP.
E) consumption expenditure and planned inventory investment.

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