Multiple Choice
The marginal propensity to consume is found by
A) dividing consumption expenditure by disposable income.
B) dividing disposable income by consumption expenditure.
C) dividing the change in disposable income by the change in consumption expenditure.
D) dividing the change in consumption expenditure by the change in disposable income.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: What effect does an increase in the
Q15: A country reports that it has an
Q16: Imports<br>A) increase the size of the multiplier
Q17: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q18: Suppose a country has no income taxes
Q20: If the marginal propensity to consume is
Q21: If the multiplier is 4 and there
Q22: In an economy, the multiplier is 3.
Q23: In the very short term, planned investment
Q24: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table