expand icon
book Macroeconomics 11th Edition by Stephen Slavin cover

Macroeconomics 11th Edition by Stephen Slavin

Edition 11ISBN: 978-0077641559
book Macroeconomics 11th Edition by Stephen Slavin cover

Macroeconomics 11th Edition by Stephen Slavin

Edition 11ISBN: 978-0077641559
Exercise 54
Circle the letter that corresponds to the best answer. When income levels are very low, C is _____.
A) zero
B) lower than income
C) higher than income
Explanation
Verified
like image
like image

Consumption function has two consumption...

close menu
Macroeconomics 11th Edition by Stephen Slavin
cross icon