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List of top Economics Questions on Consumption Function asked in CBSE CLASS XII

If a straight-line consumption function makes a positive intercept at the Y-axis, it implies that the Marginal Propensity to Consume _____ and the Average Propensity to Consume _______ as the level of income rises. (Fill up the blanks with the correct alternative.)
  • CBSE Class XII - 2024
  • CBSE Class XII
  • Economics
  • Consumption Function