Multiple Choice
Generally speaking, the greater the MPS, the
A) smaller would be the increase in income which results from an increase in consumption spending.
B) larger would be the increase in income which results from an increase in consumption spending.
C) larger would be the increase in income which results from a decrease in consumption spending.
D) smaller would be the increase in income which results from a decrease in consumption spending.
Correct Answer:
Verified
Correct Answer:
Verified
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