Kuznets' findings were consistent with a short-run consumption function with a _____ APC, and a long-run consumption function with a _____ APC.
A)constant; constant
B)constant; falling
C)falling; constant
D)falling; falling

Question

Quizplus · Accepted Answer

The Answer of Kuznets' findings were consistent with a short-run consumption function with a _____ APC, and a long-run consumption function with a _____ APC.
A)constant; constant
B)constant; falling
C)falling; constant
D)falling; falling

Kuznets' Findings Were Consistent with a Short-Run Consumption Function with a _____