The slope of the consumption function is called the:
a. autonomous consumption rate.
b. marginal consumption rate.
c. average propensity to consume.
d. marginal propensity to consume.
d
Economics
You might also like to view...
Charging "what the traffic will bear" was a tactic commonly pursued by American railroads before they were subjected to regulation
Indicate whether the statement is true or false
Economics
How can a warranty at the seller's expense signal that a product is of high quality?
What will be an ideal response?
Economics