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On the graph of the consumption function, the horizontal axis measures _______, while the vertical axis measures _______. A. real national income or real GDP;
On the graph of the consumption function, the horizontal axis measures _______, while the vertical axis measures _______. A. real national income or real GDP; real consumption spending B. real disposable income; real national income C. real GDP; real aggregate expenditure D. real consumption spending; real national income
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
