Macroeconomics (MindTap Course List)
Macroeconomics (MindTap Course List)
10th Edition
ISBN: 9781285859477
Author: William Boyes, Michael Melvin
Publisher: Cengage Learning
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Chapter 9, Problem 16E
To determine

To write:

The reason for the short run consumption function a flatter slope than long run consumption function. Illustration with a diagram.

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