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    Exam 11: Expenditure Multipliers: They Keynesian Model
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    If the Consumption Function Lies Below the 45- Degree Line
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If the Consumption Function Lies Below the 45- Degree Line

Question 193

Question 193

Multiple Choice

If the consumption function lies below the 45- degree line, then saving at these levels of disposable income will


A) equal zero.
B) be positive.
C) be negative.
D) be some amount that cannot be determined without additional information.

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