Exhibit 8-11 Consumption function In Exhibit 8-11, the value of the marginal propensity to consume is:
A)high for C' than for C.
B)lower for C" than for C.
C)lower for C" than for C'.
D)the same for C, C', and C".

Question

Exhibit 8-11 Consumption function  In Exhibit 8-11, the value of the marginal propensity to consume is:
A)high for C' than for C. 
B)lower for C" than for C. 
C)lower for C" than for C'. 
D)the same for C, C', and C".

Quizplus · Accepted Answer

The Answer of Exhibit 8-11 Consumption function  In Exhibit 8-11, the value of the marginal propensity to consume is:
A)high for C' than for C. 
B)lower for C" than for C. 
C)lower for C" than for C'. 
D)the same for C, C', and C".

Exhibit 8-11 Consumption Function in Exhibit 8-11, the Value