Which of the Following Is True Concerning the Relationship Between

question 111

Multiple Choice

Which of the following is true concerning the relationship between the marginal propensity to consume and the consumption function?

• A)the larger the MPC,the higher the level of autonomous consumption
• B)the larger the MPC,the steeper the consumption function
• C)the larger the MPC,the larger the MPS
• D)The smaller the MPC,the steeper the consumption function
• E)The larger the MPC,the larger the level of autonomous consumption