Consider a Consumption Function That Is Upward Sloping but Flatter

question 58

Multiple Choice

Consider a consumption function that is upward sloping but flatter than the 45-degree line.When real disposable income rises,

• A)desired consumption will fall and saving will rise.
• B)desired consumption will rise and saving will fall.
• C)desired consumption and saving will both rise.
• D)desired consumption remains constant.
• E)saving remains constant.

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Definitions:

Nervous system

The complex network of nerve cells and fibers that transmits nerve impulses between parts of the body, central to controlling and coordinating body activities.

Neurons

Specialized cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells, often referred to as the basic working units of the brain.

Lymphocytes

A type of white blood cell that is part of the immune system, helping the body to fight infections and diseases by recognizing antigens and producing antibodies.

Neutrophils

A type of white blood cell that helps the body fight infection by ingesting bacteria and debris.