Multiple Choice
The "marginal propensity to consume" refers to the additional
A) desired saving that occurs out of an additional dollar of disposable income.
B) desired consumption that occurs out of an additional dollar of disposable income.
C) desired consumption that occurs out of an additional dollar of investment.
D) desired consumption caused by a change in tastes.
E) desired consumption that occurs out of an additional dollar of national income.
Correct Answer:
Verified
Correct Answer:
Verified
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