B. slopes upward because consumption depends positively on income.
C. slopes upward because the MPC is less than 1.
D. slopes upward because consumption and investment depend positively on income.
E. shows the relationship between consumption spending and income.
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Home » Business » The expenditure line A. is steeper than the 45-degree line. B. slopes upward because consumption depends positively on income. C. slopes upward because the MPC is less than 1. D.