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    Principles of Macroeconomics Study Set 5
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    Exam 8: The Reserve Bank and the Economy
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    As Incomes Go Up,the
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As Incomes Go Up,the

Question 58

Question 58

Multiple Choice

As incomes go up,the


A) average propensity to consume tends to rise.
B) average propensity to consume tends to fall.
C) volume of saving declines.
D) volume of consumption declines.
E) volume of saving is unaffected.

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