The slope of the consumption function is:
A) always 1.
B) positive.
C) negative.
D) zero.
Correct Answer:
Verified
Q2: Aggregate expenditure is the sum of:
A)consumption, planned
Q3: Consumption refers to the:
A)purchases of goods and
Q4: Planned investment refers to the:
A)total investment.
B)intentional expenditures
Q5: The difference between total investment and planned
Q6: The relationship between consumption and income is:
A)sometimes
Q8: Which of the following figures shows the
Q9: The consumption function is:
A)the relationship between aggregate
Q10: A movement along the same aggregate expenditure
Q11: Consumption is $3,500 when income is $4,000,
Q12: Consumption is $3,600 when income is $4,000,
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