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Which of the following is NOT an important feature of Keynes's consumption function?a)Absolute level of current income as determinantb)Marginal propensity to consume (MPC) greater than onec)Stable consumption function in the short rund)MPC less than one but greater than zeroCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which of the following is NOT an important feature of Keynes's consumption function?a)Absolute level of current income as determinantb)Marginal propensity to consume (MPC) greater than onec)Stable consumption function in the short rund)MPC less than one but greater than zeroCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is NOT an important feature of Keynes's consumption function?a)Absolute level of current income as determinantb)Marginal propensity to consume (MPC) greater than onec)Stable consumption function in the short rund)MPC less than one but greater than zeroCorrect answer is option 'B'. Can you explain this answer?.

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