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    Exam 12: Aggregate Expenditure Multiplier
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    On a Graph of the Consumption Function,where the Consumption Function
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On a Graph of the Consumption Function,where the Consumption Function

Question 164

Question 164

Multiple Choice

On a graph of the consumption function,where the consumption function is below the 45° line,there is


A) maximum disposable income.
B) no induced consumption.
C) saving.
D) zero disposable income.
E) dissaving.

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