"Men Are Disposed, as a Rule, and on the Average

question 212

Multiple Choice

"Men are disposed, as a rule, and on the average, to increase their consumption as their income increases, but not by as much as the increase in their incomes." Which of the following is consistent with this statement by J.M.Keynes?

• A)The slope of the consumption function is positive and less than 1.
• B)The slope of the consumption function is greater than that of the 45-degree line.
• C)The slope of the consumption function is negative.
• D)The slope of the consumption function is equal to 1.

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Definitions:

Low Self-esteem

A condition characterized by a lack of confidence and feeling unfavorably about oneself.

Other-oriented Perspective

An approach focusing on understanding and considering the thoughts, feelings, and values of others.

Managing Conflict

The process of handling, controlling, and guiding a conflict situation to achieve a resolution or outcome that is constructive for all parties involved.

Seeking Compliance

The act of attempting to get someone to agree with a request or follow a directive.