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The Slope of the Consumption Function Is Equal to the Change

Question 47

Multiple Choice
The slope of the consumption function is equal to the change in:
A)consumption divided by the change in disposable income.
B)consumption divided by the change in personal income.
C)disposable income divided by the change in consumption.
D)national income divided by the change in consumption.

The slope of the consumption function is equal to the change in:


A) consumption divided by the change in disposable income.
B) consumption divided by the change in personal income.
C) disposable income divided by the change in consumption.
D) national income divided by the change in consumption.

Correct Answer:

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