Question: The consumption function shows how an increase in _______ influences _________. A. Income; households aggregate planned expenditure B. Nominal GDP; consumption expenditure C. Disposable income;

The consumption function shows how an increase in _______ influences _________.

A. Income; households’ aggregate planned expenditure

B. Nominal GDP; consumption expenditure

C. Disposable income; consumption expenditure

D. Consumption as a fraction of income; real GDP

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