Multiple Choice
If consumption is greater than disposable income,it follows that
A) interest rates are rising.
B) the budget deficit is shrinking.
C) saving is negative.
D) the multiplier is inoperative.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q66: Here is a consumption function: C =
Q67: The marginal propensity to consume plus the
Q68: The answer is: "It is sometimes in
Q69: The economy is in equilibrium,TP = TE.Then,autonomous
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q72: Suppose the MPC = 0.60 and government
Q73: Given that the economy is operating in
Q74: If autonomous consumption rises by $70 and,as
Q75: If autonomous consumption rises by $40 and,as
Q76: According to Keynes,the economy is inherently unstable