Multiple Choice
The slope of the consumption function is
A) equal to the MPC and is equal to 1.
B) equal to the MPC and is greater than 1.
C) equal to the MPC and is less than 1.
D) not equal to the MPC and is less than 1.
E) not equal to the MPC and is equal to 1.
Correct Answer:
Verified
Correct Answer:
Verified
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