Solved

-In the Above Table, C Is Consumption Expenditure, I Is

Question 40

Multiple Choice

-In the above table, C is consumption expenditure, I is investment, G is government expenditure, X is exports, and M is imports. All entries are in dollars. What is the marginal propensity to consume? A) 0.20 B) 0.25 C) 0.75 D) 0.80
-In the above table, C is consumption expenditure, I is investment, G is government expenditure, X is exports, and M is imports. All entries are in dollars. What is the marginal propensity to consume?


A) 0.20
B) 0.25
C) 0.75
D) 0.80

Correct Answer:

verifed

Verified

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

Related Questions

Q35: The Keynesian model of aggregate expenditure assumes

Q36: The MPC is the fraction of<br>A) total

Q37: When disposable income equals $800 billion, planned

Q38: Mauritius, an island off the coast of

Q39: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above

Q41: All else being equal, autonomous expenditure<br>A) increases

Q42: If there are no income taxes or

Q43: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Using the data

Q44: Business cycle turning points are<br>A) unaffected by,

Q45: "Few if any economists anticipated the extent