Solved

If Disposable Income Is $400 Billion, Consumption Spending Is $380

Question 226

Multiple Choice

If disposable income is $400 billion, consumption spending is $380 billion, and MPC is 0.5, what is the level of saving?

A) $20 billion.
B) $210 billion.
C) $380 billion.
D) $590 billion.
E) $780 billion.

Related Questions

Q21: According to John Maynard Keynes:<br>A) aggregate expenditures

Q104: Explain how changes in wealth, the price

Q221: Exhibit 8-3 Consumption Function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9027/.jpg" alt="Exhibit

Q222: Exhibit 8-10 Consumption function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9027/.jpg" alt="Exhibit

Q223: Exhibit 8-5 Consumption function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9027/.jpg" alt="Exhibit

Q224: If your disposable personal income increases from

Q227: Michelle Martelle, CEO of Michelle Enterprises, has

Q228: The vertical intercept of the consumption function

Q230: The most appropriate countercyclical policy, or stabilization

Q231: Exhibit 8-1 Disposable income and consumption data<br><img