Refer to the information provided in Figure 23.1 below to answer the question(s) that follow. Figure 23.1
-Refer to Figure 23.1. An increase in the MPC
A) makes the consumption function flatter.
B) makes the saving function flatter.
C) shifts the consumption function upward.
D) shifts the saving function downward.

Question

Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.  Figure 23.1
-Refer to Figure 23.1. An increase in the MPC
A) makes the consumption function flatter. 
B) makes the saving function flatter. 
C) shifts the consumption function upward. 
D) shifts the saving function downward.

Quizplus · Accepted Answer

The Answer is B

Refer to the Information Provided in Figure 23