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QUESTION
If the consumption schedule is a straight line, it can be concluded that the: APC is necessarily constant B. MPC is measured by the ratio C/DI C. MPC...
If the consumption schedule is a straight line, it can be concluded that the:A. APC is necessarily constantB. MPC is measured by the ratio C/DIC. MPC is constant at various levels of incomeD. APC increases as income rises
