Multiple Choice
If the MPC equals 0.75, then
A) consumption expenditure is always more than disposable income.
B) for every $100 increase in consumption expenditure, disposable income increases by $75.
C) for every $100 increase in disposable income, saving increases by $25.
D) for every $100 increase in disposable income, saving increases by $75.
Correct Answer:

Verified
Correct Answer:
Verified
Q221: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the figure
Q222: The marginal propensity to import is the_
Q223: <span class="ql-formula" data-value="\begin{array} { | l |
Q225: Given an MPC of 0.80, if there
Q227: The government increases its expenditures. The steeper
Q228: A fall in the price level<br>A) decreases
Q229: If the marginal propensity to consume is
Q230: In the very short run, the components
Q231: The multiplier is larger if the<br>A) marginal
Q458: If the change in autonomous investment equals