Multiple Choice
The numerical value of the multiplier will be smaller the
A) larger the average propensity to consume.
B) larger the slope of the saving schedule.
C) larger the slope of the consumption schedule.
D) smaller the slope of the saving schedule.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: If the consumption schedule shifts upward and
Q18: If disposable income decreases from $1,800 to
Q19: Given the consumption schedule, it is possible
Q20: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q21: If households consume less at each level
Q23: Suppose a family's consumption exceeds its disposable
Q24: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q25: The size of the MPC is assumed
Q26: <span class="ql-formula" data-value="\begin{array} { | c |
Q27: Which of the following is correct?<br>A) APC