Solved

The Slope of the Consumption Function Is Also Known as

Question 61

Multiple Choice

The slope of the consumption function is also known as


A) the consumption ratio
B) the average propensity to consume
C) autonomous consumption spending
D) the marginal propensity to consume
E) multiplying propensity to consume

Correct Answer:

verifed

Verified

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

Related Questions

Q56: An upward shift of the consumption function

Q57: Which of the following lines has a

Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure

Q59: If the marginal propensity to consume is

Q60: The slope of the aggregate expenditure line

Q62: If aggregate expenditure is less than GDP,inventories

Q63: In the short-run macro model,which of the

Q64: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure

Q65: The vertical intercept of the consumption function

Q66: If income increased by $20,000,investment spending is