Figure 7.1 C b. 100 In Figure 7.1, all of the following is true except: An additional dollar of income always induces some additional consumption. O There is some level of consumption that is...


Figure 7.1<br>C<br>b.<br>100<br>In Figure 7.1, all of the following is true except:<br>An additional dollar of income always induces some additional consumption.<br>O There is some level of consumption that is independent of income.<br>O The marginal inclination to consume is greater than zero.<br>O At zero income there is zero consumption.<br>

Extracted text: Figure 7.1 C b. 100 In Figure 7.1, all of the following is true except: An additional dollar of income always induces some additional consumption. O There is some level of consumption that is independent of income. O The marginal inclination to consume is greater than zero. O At zero income there is zero consumption.

Jun 10, 2022
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