The Slope of the Consumption Function Can Be Determined by Dividing

question 42

Multiple Choice

The slope of the consumption function can be determined by dividing the change in

• A) real consumption spending by the change in real disposable income
• B) nominal spending by the change in nominal disposable income
• C) real disposable income by the change in real consumption spending
• D) nominal disposable income by the change in nominal consumption spending
• E) total consumption spending by the change in autonomous consumption spending

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