Multiple Choice
If the MPC is 0.8 and disposable income is $200, then
A) consumption and saving cannot be determined from the information given.
B) saving will be $20.
C) personal consumption expenditures must be $160.
D) saving will be $40.
Correct Answer:
Verified
Correct Answer:
Verified
Q139: Dissaving occurs when<br>A) income is greater than
Q140: If Carol's disposable income increases from $1,200
Q141: If disposable income increases from $912 to
Q142: Suppose that a new machine tool having
Q143: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q145: A $1 billion increase in investment will
Q146: (Advanced analysis) If the equation C =
Q147: The consumption schedule shows<br>A) that the MPC
Q148: An MPC value of less than 1.0
Q149: <span class="ql-formula" data-value="\begin{array} { | c |