Multiple Choice
The marginal propensity to save is given by
A) the change in saving divided by the change in consumption.
B) saving divided by the change in disposable personal income.
C) saving divided by disposable income.
D) the change in saving divided by the change in disposable personal income.
Correct Answer:
Verified
Correct Answer:
Verified
Q41: Use the following to answer questions .<br>Exhibit:
Q42: In the aggregate expenditures model, if real
Q43: Use the following to answer questions .<br>Exhibit:
Q44: The sum of planned levels of consumption,
Q45: In general, we expect that a reduction
Q47: The average annual income that people expect
Q48: Use the following to answer questions .<br>Exhibit:
Q49: A decrease in the price level, all
Q50: Consider a simple aggregate expenditure model where
Q51: Using the aggregate expenditures model, which of