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In a consumption function with income (Y) on the horizontal axis and consumption (C) on the vertical axis, a fall in the real rate of interest (all...
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30.

In a consumption function with income (Y) on the horizontal axis and consumption (C) on the vertical axis, a fallin the real rate of interest (all else constant) will cause a shift upward of the consumption function.

A) TrueB) False
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Subject: Business, Economics

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