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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 28
Circle the letter that corresponds to the best answer. Autonomous consumption expenditures are ______.
A) equal to induced consumption expenditures
B) proportional to disposable income
C) not influenced by income
D) influenced primarily by the saving function
A) equal to induced consumption expenditures
B) proportional to disposable income
C) not influenced by income
D) influenced primarily by the saving function
Explanation
Verified
Verified
Consumption function has two consumption...
Macroeconomics 11th Edition by Stephen Slavin
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Character 255
