Refer to the information provided in Figure 23.4 below to answer the question(s) that follow. Figure 23.4 -Refer to Figure 23.4. The aggregate consumption functions C₂ and C₃ A) have the same MPC. B) imply the same MPS. C) differ in terms of the amount of consumption when income is zero. D) all of the above.

Question

Quizplus · Accepted Answer

The aggregate consumption functions C2 and C3 differ in terms of the amount of consumption when income is zero, which is indicated by different intercepts on the consumption axis.

Refer to the Information Provided in Figure 23