2. The slope of a familys consumption function is equal to a. the real interest rate. b....

Question:

2. The slope of a family’s consumption function is equal to

a. the real interest rate.

b. the inflation rate.

c. the marginal propensity to consume.

d. the rate of increase in household current disposable income.

e. the tax rate.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

Question Posted: