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Author Question: An increase in the marginal propensity to consume (MPC) will cause the consumption function to ... (Read 181 times)

cagreen833

  • Hero Member
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on: Jun 30, 2018
An increase in the marginal propensity to consume (MPC) will cause the consumption function to become steeper.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In commercial banking operations, there is a trade-off between liquidity and profitability.
 a. True
  b. False
  Indicate whether the statement is true or false


essyface1

  • Sr. Member
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  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


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