Question: The consumption function is drawn on a graph with disposable income on the horizontal axis. Assume autonomous consumption increases. The effect is a. an upward

The consumption function is drawn on a graph with disposable income on the horizontal axis.

Assume autonomous consumption increases.

The effect is

a. an upward adjustment in the vertical intercept.

b. no change in the adjustment in the vertical intercept.

c. an increase in the slope of the consumption function.

d. a decrease in the slope of the consumption function.

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