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    Exam 21: The Simplest Short-Run Macro Model
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    FIGURE 21-2 -Refer to Figure 21-2.The Slope of the Consumption Function in Function
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FIGURE 21-2 -Refer to Figure 21-2.The Slope of the Consumption Function in Function

Question 34

Question 34

Multiple Choice

  FIGURE 21-2 -Refer to Figure 21-2.The slope of the consumption function in the figure is equal to A) the marginal propensity to consume. B) the average propensity to consume. C) the marginal propensity to save. D) the average propensity to save. E) the slope of the 45-degree line. FIGURE 21-2
-Refer to Figure 21-2.The slope of the consumption function in the figure is equal to


A) the marginal propensity to consume.
B) the average propensity to consume.
C) the marginal propensity to save.
D) the average propensity to save.
E) the slope of the 45-degree line.

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