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Which Statement Is Consistent with What Keynes Believed About Consumption

Question 7

Multiple Choice

Which statement is consistent with what Keynes believed about consumption and disposable income?


A) Consumption depends upon disposable income and falls as disposable income rises.
B) Consumption rises by the same amount as disposable income rises.
C) Consumption rises by less than disposable income rises.
D) Disposable income depends upon consumption.

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