An increase in marginal propensity to consume will (a) Lead to the consumption function becoming steeper. (b) Shift the consumption function upwards. © Shift the consumption function downwards. (d) Shift the savings function upwards.

An increase in marginal propensity to consume will
(a) Lead to the consumption function becoming steeper.
(b) Shift the consumption function upwards.
© Shift the consumption function downwards.
(d) Shift the savings function upwards.
by

1 Answer

Answer :

d) Lead to the consumption function becoming steeper.
by

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