Multiple Choice
An increase in the marginal propensity to consume is most accurately thought of as
A) a rightward shift of the IS curve.
B) an increase in the interest sensitivity of the goods market.
C) a decrease in the interest sensitivity of the goods market.
D) both a and c.
E) both a and b.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: Which of the following functions might be
Q39: The recession of the early 1980s saw<br>A)
Q40: Statistical investigations of the marginal propensity to
Q41: Errors made by researchers using the long-term
Q42: An intuitive explanation of the observed discrepancy
Q44: It has been argued that, "A tax
Q45: Suppose that an individual anticipated that the
Q46: Suppose that the real interest rate climbs.
Q47: For the past 30 years in the
Q48: The short-run marginal propensity to consume is