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Which of the Following Statements Is False

Question 72

Multiple Choice

Which of the following statements is false?


A) Aggregate income is equal to real GDP.
B) The consumption function is a linear relationship between consumption and income.
C) The consumption function shows the relationship between consumption and disposable income.
D) The consumption function shows the relationship between consumption and real GDP.
E) The consumption function is a nonlinear relationship between consumption and income.

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