Business
Business, 11.12.2019 22:31, mayahgrimes

Explain how each of the following events influences the u. s. consumption function. when the marginal propensity to consume increases, the u. s. consumption function
a. shifts upward
b. becomes flatter
c. does not change
d. shifts downward
e. becomes steeper

when u. s. autonomous consumption increases, the u. s. consumption function
a. shifts downward
b. becomes flatter
c. becomes steeper
d. does not change
e. shifts upward

answer
Answers: 3

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Explain how each of the following events influences the u. s. consumption function. when the margina...

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