menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Applications
  4. Exam
    Exam 11: The Income-Expenditure Model
  5. Question
    The Marginal Propensity to Consume (MPC)is Equal to
Solved

The Marginal Propensity to Consume (MPC)is Equal to

Question 14

Question 14

Multiple Choice

The marginal propensity to consume (MPC) is equal to


A) MPS + 1.
B) MPS - 1.
C) 1 - MPS.
D) 1 + MPS.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: Suppose policy makers want to increase GDP

Q10: Suppose the overall MPC is 0.9. If

Q11: Which of the following shifts the entire

Q12: The formula for the tax multiplier is<br>A)

Q13: Higher tax rates lower the value of

Q15: At the equilibrium level of income, the

Q16: Why do our political leaders favor exports

Q17: The multiplier increases as the MPC increases.

Q18: Let C = 300 + 0.9y and

Q19: The aggregate demand curve shows the equilibrium

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines