If the MPC Increases in Value, What Will Happen to the Slope

question 137

Multiple Choice

If the MPC increases in value, what will happen to the slope of the consumption function?

• A)The slope will decrease and the consumption function will become flatter.
• B)The slope will decrease and the consumption function will become steeper.
• C)The slope will increase and the consumption function will become steeper.
• D)The slope will increase and the consumption function will become flatter.

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Definitions:

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