Multiple Choice
When we graph consumption as a function of ________ rather than as a function of disposable income, the slope of this consumption function is ________.
A) national income; the MPC
B) personal income; (MPC - MPS)
C) national income; the MPS
D) personal income; the MPS
E) national savings; the MPS
Correct Answer:
Verified
Correct Answer:
Verified
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