The aggregate consumption function will shift upward if, all other things remaining the same, the marginal propensity to consume decreases. None of the choices given are correct the marginal propensity to save increases. disposable incomes increase
The aggregate consumption function will shift upward if, all other things remaining the same, the marginal propensity to consume decreases. None of the choices given are correct the marginal propensity to save increases. disposable incomes increase
Chapter9: Aggregate Expenditures
Section: Chapter Questions
Problem 15E
Related questions
Question
The aggregate consumption function will shift upward if, all other things remaining the same,
the marginal propensity to consume decreases.
None of the choices given are correct
the marginal propensity to save increases.
disposable incomes increase
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