Multiple Choice
The marginal propensity to consume is given by
A) the change in consumption divided by the change in saving.
B) the change in consumption divided by the change in disposable personal income.
C) consumption divided by the change in disposable personal income.
D) consumption divided by disposable income.
Correct Answer:
Verified
Correct Answer:
Verified
Q194: An increase in the wealth of households,
Q195: Use the following to answer questions .<br>Exhibit:
Q196: The saving function expresses the relationship between<br>A)
Q197: Use the following to answer questions .<br>Exhibit:
Q198: Use the following to answer questions .<br>Exhibit:
Q200: Use the following to answer questions .<br>Exhibit:
Q201: In the simple aggregate expenditure model where
Q202: If C = $400 billion + 0.75(Y<sub>d</sub>)
Q203: In the simple aggregate expenditure model where
Q204: Use the following to answer questions .<br>Exhibit: