If disposable income increases,the average propensity to consume will
A) increase and then decrease.
B) remain constant.
C) increase.
D) decrease.
E) decrease and then increasE.
Correct Answer:
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Q44: If consumption decreases and disposable income stays
Q45: When the price of a financial or
Q46: Net taxes refers to taxes
A) plus transfers.
B)
Q47: An increase in disposable income
A) increases consumption
Q48: As disposable income decreases,the
A) average propensity to
Q50: If a family's marginal propensity to consume
Q51: The marginal propensity to consume (MPC)can be
Q52: The slope of the consumption function between
Q53: When the consumption function is plotted on
Q54: If an increase in a household's disposable
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