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What is the shape of the consumption function? Answer: an intercept. Consumption is a positive function of income; therefore the consumption function has to be
What is the shape of the consumption function? Answer: an intercept. Consumption is a positive function of income; therefore the consumption function has to be Sloping line; more specifically, it is an upward sloping straight line with a positive Note: Clicking any button other than the Save Answer button will NOT save any changes to your answers
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