Question: Question 5 The 45-degree reference line displayed in a consumption function graph Not yet answered Select one: Marked out of O a. contains only a

 Question 5 The 45-degree reference line displayed in a consumption function

Question 5 The 45-degree reference line displayed in a consumption function graph Not yet answered Select one: Marked out of O a. contains only a consumption component. 1.00 O b. represents both planned consumption and planned investment. Flag question O c. shows various combinations where planned consumption equals real disposable personal income. O d. reflects a decreasing APC as real disposable income rises. Question 6 The consumption function will shift up when Not yet answered Select one: Marked out of O a. the real wealth of the average household decreases. 1.00 O b. the debt level of household decreases. Flag question O c. the population decreases. O d. personal taxes increase

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