Economics · Consumption Function
In the short run, a Linear Consumption Function shows that as income rises:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Both MPC and APC remain constant.
- 2Both MPC and APC decline.
- 3MPC remains constant but APC declines.✓
- 4MPC declines but APC remains constant.
Correct answer
MPC remains constant but APC declines.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Consumption Function MCQs →Want more practice questions on Consumption Function?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Consumption Function