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C HAPTER. The Keynesian Model. 18. EXHIBIT 2. T HE C ONSUMPTION F UNCTION. C ONSUMPTION F UNCTIONS FOR T WO M ARGINAL P ROPENSITIES TO C ONSUME. EXHIBIT 4. U.S. P ERSONAL C ONSUMPTION AND D ISPOSABLE I NCOME, 1933–2003. EXHIBIT 5.

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## The Keynesian Model

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**CHAPTER**The Keynesian Model 18**EXHIBIT 2**THE CONSUMPTION FUNCTION**CONSUMPTION FUNCTIONS FOR TWO MARGINAL PROPENSITIES TO**CONSUME EXHIBIT 4**U.S. PERSONAL CONSUMPTION AND DISPOSABLE INCOME, 1933–2003**EXHIBIT 5 Source: Bureau of Economic Research, http://www.bea.doc.gov/bea/dn/nipaweb/SelectTable.asp?Selected-N.**MOVEMENT ALONG AND SHIFTS IN THE CONSUMPTION FUNCTION**EXHIBIT 6**A COMPARISON OF THE VOLATILITY OF REAL INVESTMENT AND REAL**CONSUMPTION, 1965–2003 EXHIBIT 7 Source: Bureau of Economic Analysis, http://www.bea.doc/bea/dn/nipaweb/SelectTable.asp?Selected=N, Table 1.1.1.**MOVEMENT ALONG AND A SHIFT IN A FIRM’S INVESTMENT DEMAND**EXHIBIT 8**THE AGGREGATE INVESTMENT DEMAND AND AUTONOMOUS INVESTMENT**DEMAND CURVES EXHIBIT 9**EXHIBIT 10**AGGREGATE EXPENDITURES FUNCTION DATA

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