Author Question: An increase in the marginal propensity to consume (MPC) will cause the consumption function to ... (Read 177 times)

cagreen833

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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

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Answer to Question 1

True

Answer to Question 2

True



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