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  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 13: Consumption and the Aggregate Expenditures Model
  5. Question
    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 195

Question 195

Multiple Choice

Use the following to answer questions .
Exhibit: Consumption and Disposable Personal Income Use the following to answer questions . Exhibit: Consumption and Disposable Personal Income   -(Exhibit: Consumption and Disposable Personal Income)  The marginal propensity to save is A)  0.25. B)  0.50. C)  0.60. D)  cannot be determined without a savings function.
-(Exhibit: Consumption and Disposable Personal Income) The marginal propensity to save is


A) 0.25.
B) 0.50.
C) 0.60.
D) cannot be determined without a savings function.

Correct Answer:

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