Question
On a graph with national consumption on the vertical axis andreal disposable income on the horizontal axis, the slope of theline is almost always greater
On a graph with national consumption on the vertical axis andreal disposable income on the horizontal axis, the slope of theline is almost always
greater than one
less than one
infinitely elastic
equal to one
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
