Solved

(Table) When Disposable Income Increases from $1,000 to $1,200, What

Question 29

Multiple Choice

(Table) When disposable income increases from $1,000 to $1,200, what is the value of the marginal propensity to save? (Table) When disposable income increases from $1,000 to $1,200, what is the value of the marginal propensity to save? A) -0.5 B) 0.5 C) -1.5 D) 1.5


A) -0.5
B) 0.5
C) -1.5
D) 1.5

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q24: If Justin spends $35,000 when his income

Q25: The multiplier effect is a domino effect

Q26: Keynes believed that more government spending was

Q27: A tax increase has a smaller impact

Q28: If government spending falls and taxes rise,

Q30: In Keynesian macroeconomic equilibrium, AE = Y

Q31: What share of U.S. GDP is consumption?<br>A)

Q32: Keynes's insight during the Great Depression was

Q33: Which factor is NOT a determinant of

Q34: When Tyson's income was $50,000 per year,