NextQ120

Using the given information, complete the following table : (Choose the correct option)

Concept of Investment MultiplierStudy Simplify SpecialPYQ1MCQ
Question 119

If an upward sloping straight line consumption function makes an intercept at the Y-axis at a positive coordinate, it implies that Marginal Propensity to Consume (MPC) ____________ and Average Propensity to Consume (APC) ____________ as the income increases. (Choose the correct option to fill in the blanks)

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