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In Macroeconomics the consumption function is based on the premise that as income increases, consumption expenditure... [1]increases by a larger amount. [2]increases by the same
In Macroeconomics the consumption function is based on the premise that as income increases, consumption expenditure...
- [1]increases by a larger amount.
- [2]increases by the same amount.
- [3]remains constant unless saving also changes.
- [4]increases by a smaller amount.
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