Question: On the graph of the consumption function, the horizontal axis measures _, while the vertical axis measures _. A. real national income or real GDP;

On the graph of the consumption function, the horizontal axis measures _______, while the vertical axis measures _______. A. real national income or real GDP; real consumption spending B. real disposable income; real national income C. real GDP; real aggregate expenditure D. real consumption spending; real national income

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Question: On the graph of the consumption function, the horizontal axis measures _______, while the vertical axis measures _______. A. real national income or real GDP;

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Students Have Also Explored These Related Economics Questions!

Question: On the graph of the consumption function, the horizontal axis measures _, while the vertical axis measures _. A. real national income or real GDP;