Solved

If Total Consumption Spending Is $1,000, the Marginal Propensity to Consume

Question 48

Multiple Choice

If total consumption spending is $1,000, the marginal propensity to consume is 0.6, and total output is $2,000, then the constant term is

A) $800.
B) $1,000.
C) $2,000.
D) $1,200.

Related Questions

Q43: In the Keynesian model, interest rates are

Q44: If the interest rate rose above the

Q45: In the "cost of capital channel" of

Q46: In the Keynesian model consumption is primarily

Q47: Which of the following will cause the

Q49: Which of the following will cause the

Q50: Which of the following is an example

Q51: As part of the "exchange rate channel

Q52: If an person believes that it is

Q53: Which of the following could lead to