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Business, 02.11.2020 16:30 maymayrod2000

Which of the following correctly explain why the TE curve is upward sloping because the consumption function is upward sloping? Check all that apply. Keynes assumed that consumption and disposable income move in the same direction, but consumption changes by more. Keynes assumed that as consumption increases, disposable income decreases. Keynes assumed that as disposable inc

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Which of the following correctly explain why the TE curve is upward sloping because the consumption...
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