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Chapter 22
Consumption and Investment
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T-157
Figure 22-1
What Are the Major Forces Affecting
Consumption and Investment?
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Family Budget Expenditures
Show Regular Patterns
T-158
Figure 22-2
Source,U.S,Department of Labor,Consumer Expenditure Survey,Interview Survey 1984,
August 1986,updated to 2000 prices by authors,
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A Plot of the Consumption Function
T-159
Figure 22-3
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The Saving Function Is the Mirror
Image of the Consumption Function
T-160
Figure 22-4
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The Slope of the Consumption
Function Is Its MPC
T-161
Figure 22-5
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Consumption and Disposable
Income,1929-1999
T-162
Figure 22-6
Source,U.S,Departmen of Commerce
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A Consumption Function for the
United States,1966-1999
T-163
Figure 22-7
Source,U.S,Departmen of Commerce
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Two Measures
of the Personal Saving Rate
T-164
Figure 22-8
Source,William G,Gale and John Sabelhaus,“Perspectives on the Household Saving Rate,”
Brookings Papers on Economic Activity,no,1,1999; and U.S,Department of Commerce,
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Investment Depends
upon Interest Rate
T-165
Figure 22-9
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Shifts in Investment
Demand Function
T-166
Figure 22-10