On a straight line consumption function (a) MPC grows as income increases. 35. (b) MPC remains constant
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On a straight line consumption function
(a) MPC grows as income increases.
35.
(b) MPC remains constant as income increases.
(c) MPC declines and MPS rises as income increases.
(d) MPC is indeterminate.
c I - - is nothing but y
(a) APC.
(b) ยท MPC.
(c) APS.
(d) MPS.
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