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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

An increase in the marginal propensity to consume will: - Economics

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Question

An increase in the marginal propensity to consume will:

Options

  • Lead to consumption function becoming steeper

  • Shift the consumption function upwards

  • Shift the consumption function downwards

  • Shift savings function upwards

MCQ

Solution

Lead to consumption function becoming steeper

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Consumption Function
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Chapter 4: Consumption and Investment Functions - Model Questions [Page 72]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 4 Consumption and Investment Functions
Model Questions | Q 2. | Page 72
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