Multiple Choice
If consumption rises from $500 billion to $575 billion and income rises from $600 billion to $700 billion, the marginal propensity to save is
A) 0.2.
B) 0.25.
C) 0.75.
D) 1.17.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q205: If the marginal propensity to consume is
Q206: (Table) The following table shows data on
Q207: (Graph: Consumption) Based on the information provided
Q208: The balanced budget multiplier changes according to
Q209: The multiplier for imports is larger than
Q211: Which statement(s) is/are TRUE regarding the paradox
Q212: (Table: Keynesian Equilibrium Analysis with Taxes and
Q213: Tax decreases do not inject money into
Q214: The multiplier effect shows that a change
Q215: In Keynesian macroeconomic equilibrium, there are pressures