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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
The positive slope of the consumption function indicates that
A) the amount of household wealth is subject to change.
B) when prices fall consumers spend more.
C) consumers increase their total consumption expenditure when disposable income increases.
D) consumers spend less out of each extra dollar of income.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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7 years ago
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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