Multiple Choice
(Table) The table shows data on consumption at various levels of income. Assume there is no private investment. The value of the marginal propensity to save is
A) 0.1.
B) 0.25.
C) 0.75.
D) 0.9.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q92: Suppose the government believes consumers should spend
Q93: Which two countries currently had the highest
Q94: If the marginal propensity to save is
Q95: The multiplier effect relates a change in
Q96: Describe macroeconomic equilibrium in the full Keynesian
Q98: Between 1929 and 1933, government spending _
Q99: Suppose the marginal propensity to consume in
Q100: Spending by federal, state, and local governments
Q101: If the marginal propensity to consume is
Q102: (Table) The table shows data on consumption