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    Exam 8: The Keynesian Model
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    If Autonomous Consumption Is Greater Than Zero and the Marginal
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If Autonomous Consumption Is Greater Than Zero and the Marginal

Question 131

Question 131

True/False

If autonomous consumption is greater than zero and the marginal propensity to consume is greater than zero, but less than one, the consumption function will first be below and then above the 45 degree line.

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