No written by hand solution What happens to the consumption function when autonomous consumptiondecreases?A. It shifts upward.B. It gets flatter.C. It gets steeper.D. It shifts downward.

Autonomous consumption refers to the level of consumption that occurs even when disposable income is…

Answered: What happens to the consumption…

What happens to the consumption function when autonomous consumption decreases? OA. It shifts upward. B. It gets flatter. C. It gets steeper. OD. It shifts downward.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter9: Aggregate Expenditures

Section: Chapter Questions

Problem 15E

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What happens to the consumption function when autonomous consumption
decreases?
A. It shifts upward.
B. It gets flatter.
C. It gets steeper.
D. It shifts downward.

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