Solved

At the Point Where the Consumption Schedule Intersects the 45-Degree

Question 68

Multiple Choice

At the point where the consumption schedule intersects the 45-degree line,

A) the MPC is 1.00.
B) the APC is 1.00.
C) saving is equal to consumption.
D) the economy is in equilibrium.

Related Questions

Q63: The multiplier is<br>A) 1/MPC.<br>B) 1/(1 + MPC).<br>C)

Q64: <span class="ql-formula" data-value="\begin{array} { | c |

Q65: If the real interest rate in the

Q66: The multiplier can be calculated as<br>A) 1/(MPS

Q67: <span class="ql-formula" data-value="\begin{array} { | c |

Q69: The practical signiﬁcance of the multiplier is

Q70: <span class="ql-formula" data-value="\begin{array} { | c |

Q71: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the

Q72: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the

Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the