If the Slope of a Linear Consumption Schedule Increases in a Private

question 92

Multiple Choice

If the slope of a linear consumption schedule increases in a private closed economy, then it can be concluded that the

• A) MPS has increased.
• B) MPC has increased.
• C) income has increased.
• D) income has decreased.

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Definitions:

Dream Interpretation

The analysis of the hidden meaning and symbols found in dreams to understand more about an individual's subconscious mind.

Preconscious

A term in psychoanalytic theory referring to thoughts and feelings not immediately in conscious awareness but can be easily brought to consciousness.

Conscious

Conscious refers to the state of being aware of one's own existence, thoughts, emotions, and surroundings.

Superego

In psychoanalytic theory, the part of the personality that acts as the moral center, imposing ethical standards and social rules.