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    Exam 23: The Aggregate Expenditure Model
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    The Slope of the Consumption Function Is Equal To
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The Slope of the Consumption Function Is Equal To

Question 16

Question 16

Multiple Choice

The slope of the consumption function is equal to:


A) the MPC.
B) the MPS.
C) 1/(1 - MPC) .
D) MPC - MPS.

Correct Answer:

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