Multiple Choice
The marginal propensity to consume is
A) That part of the average consumer dollar that goes to saving.
B) The same as the spending multiplier.
C) The change in consumption divided by the change in disposable income.
D) Always equal to 1.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: If consumers spend 90 cents out of
Q41: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" In Figure 10.1,suppose
Q42: Full employment is estimated to occur at
Q43: Assuming an upward-sloping aggregate supply curve,when aggregate
Q44: Which of the following is a leakage?<br>A)Imports.<br>B)Investment.<br>C)Government
Q46: Suppose lower expectations lead to a
Q47: A decline in household income that sets
Q48: Assuming an upward-sloping aggregate supply curve,when aggregate
Q49: If the multiplier is greater than 1
Q50: Actual investment equals<br>A)Desired investment plus planned investment.<br>B)Planned