Exhibit 8-11 Consumption Function in Exhibit 8-11, the Value

question 65

Multiple Choice

Exhibit 8-11 Consumption function In Exhibit 8-11, the value of the marginal propensity to consume is:

• A)high for C' than for C.
• B)lower for C" than for C.
• C)lower for C" than for C'.
• D)the same for C, C', and C".

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