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    Macroeconomics Study Set 17
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    Exam 12: Aggregate Expenditure and Output in the Short Run
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    When We Graph Consumption as a Function of ________ Rather
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When We Graph Consumption as a Function of ________ Rather

Question 82

Question 82

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

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