Multiple Choice
The marginal propensity to consume measures how much
A) disposable income is consumed.
B) consumption expenditure occurs at the equilibrium income.
C) disposable income goes to saving.
D) of a change in disposable income will be consumed.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q302: Suppose the economy has no income taxes
Q370: "If the income tax rate is high
Q420: Suppose that in 2006 the slope of
Q421: If the MPC is .9 and there
Q422: In 2007, investment in France increased by
Q425: A decrease in autonomous expenditure shifts the
Q426: Which of the following is INCORRECT?<br>A) Firms
Q427: Read the two statements below and indicate
Q428: When the economy is in equilibrium,<br>A) planned
Q429: "The global financial crisis has had a