Multiple Choice
If the consumption function can be described as C = 200 + .80Y, the marginal propensity to save is equal to
A) -0.80.
B) 0.80.
C) 0.20.
D) 200.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: In the Keynesian model when desired investment
Q5: Consumption spending is _ and investment spending
Q6: According to supply-siders the main consequence of
Q7: An individual anticipating rising interest rates is
Q8: In the Keynesian model, portfolio decisions of
Q10: In the standard consumption function of C
Q11: In the "cost of capital channel" of
Q12: In the Keynesian model, which of the
Q13: Keynes argued that if the economy is
Q14: If the aggregate supply curve is horizontal,