Answer to Question #134361 in Macroeconomics for Mcedisi

Question

If the marginal propensity to consume increases: (2)
(1) The slope of the consumption function will be steeper.
(2) There will be a movement from left to right along the consumption function.
(3) The consumption function will shift parallel upwards.
(4) The consumption function will shift parallel downwards.

Answer 1

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