Which of the following conjectures that underlie the keynesian consumption function is not consistent with aggregate u.s. data?

a. the average propensity to consume decreases as income increases.
b. there is a high correlation between income and consumption.
c. current income is a determinant of consumption.
d. the marginal propensity to consume is between 0 and 1.

answer:

explanation:

d. the marginal propensity to consume is between 0 and

Establish common currency

Explanation:

The Common Agricultural Policy is simply the agricultural policy which involves the European Union. Subsidies were provided to farmers which ensured increase in production and offering of reasonable prices.

Another goal of the Common Agricultural Policy was also to ensure that farmers have fair living standards.

Establishment of a common currency isn't a goal of CAP.