An increase in autonomous consumption, an increase in disposable income, or a decrease in the marginal propensity to consume can all increase consumption.
An increase in autonomous consumption, an increase in disposable income, or a decrease in the marginal propensity to consume can all increase consumption.
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 6P
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true or false and provide a reason to support it, please quickly thanks !!!
Q10.An increase in autonomous consumption, an increase in disposable income, or a decrease in the marginal propensity to consume can all increase consumption.
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