True/False
The marginal propensity to save is equal to the change in consumption divided by the change in income.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q168: Which statement(s) is/are TRUE about Keynes's simple
Q169: Disposable income equals income<br>A) minus government spending.<br>B)
Q170: In the Keynesian model, desired investment equals
Q171: (Table: Keynesian Equilibrium Analysis with Taxes and
Q172: Analyze savings using the average propensity to
Q174: The slope of the saving schedule is<br>A)
Q175: Equilibrium income is reached when injections equal
Q176: The paradox of thrift suggests that when
Q177: Which of these is NOT true regarding
Q178: The recessionary gap is the spending reduction