Question: The positive slope of the consumption function indicates that Group of answer choices when prices fall consumers spend more. consumers spend less out of each
The positive slope of the consumption function indicates that
Group of answer choices
when prices fall consumers spend more.
consumers spend less out of each extra dollar of income.
consumers increase their total consumption expenditure when disposable income increases.
the amount of household wealth is subject to change.
Group of answer choices
True
False
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