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MMLU-Pro / 7295 / Which of the following is true about the consumption function?

Problem

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question

Which of the following is true about the consumption function?

category

economics

options

  1. The slope is equal to the MPC.
  2. The slope is equal to the inflation rate.
  3. The slope is equal to MPC + MPS.
  4. The slope is equal to the interest rate.
  5. The slope is equal to MPC - MPS.
  6. The slope is equal to the MPS.
  7. It shifts downward when the GDP increases.
  8. It shifts upward when consumers are more pessimistic about the future.
  9. It shifts upward when the interest rate increases.
  10. It shifts downward when consumers are more optimistic about the future.

src

ori_mmlu-high_school_macroeconomics

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Source and history

Official source

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