Multiple Choice
In the consumption function C = Ca + bY, the term Ca represents:
A) the marginal propensity to consume.
B) the marginal propensity to save.
C) the multiplier effect.
D) the autonomous consumption spending.
Correct Answer:

Verified
Correct Answer:
Verified
Q137: Steel rod prices are an example of:<br>A)
Q138: Why is the long- run aggregate supply
Q139: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.1 -Refer
Q140: Recall Application 3, "How the U.S. Economy
Q141: Sticky prices are a result of:<br>A) lack
Q143: The international effect explanation of the downward
Q144: _ is a curve that shows the
Q145: An increase in the money supply will
Q146: According to the international effect explanation of
Q147: Using aggregate supply and aggregate demand curves,