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The Slope of the Consumption Function Can Be Determined by Dividing

Question 42

Multiple Choice

The slope of the consumption function can be determined by dividing the change in


A) real consumption spending by the change in real disposable income
B) nominal spending by the change in nominal disposable income
C) real disposable income by the change in real consumption spending
D) nominal disposable income by the change in nominal consumption spending
E) total consumption spending by the change in autonomous consumption spending

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