The consumption function has a positive slope while the savings function has a negative slope.
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Q92: Households in America tend to consume more
Q93: An increase in disposable income will cause
Q94: Saving remaining constant, the average propensity to
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Q96: The marginal propensity to consume (MPC)is equal
Q98: If disposable income rises from $15, 000
Q99: Suppose that the consumption function crosses the
Q100: When disposable income is zero, consumption is
Q101: Other things equal, a marginal propensity to
Q102: Other things equal, when the U.S.dollar depreciates,
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