Multiple Choice
The marginal propensity to consume is the .
A) fraction of GDP consumed
B) fraction of total disposable income consumed
C) total amount of disposable income consumed
D) fraction of a change in disposable income that is consumed.
Correct Answer:

Verified
Correct Answer:
Verified
Q82: If the multiplier is 3, a $750,000
Q247: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q248: When disposable income equals $800 billion, planned
Q250: <span class="ql-formula" data-value="\begin{array} { | l |
Q251: If disposable income increases,<br>A) there is movement
Q253: The slope of the saving function is
Q254: An increase in disposable income<br>A) shifts the
Q256: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q257: Mauritius, an island off the coast of
Q316: Components of aggregate expenditure include saving, consumption