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