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    Exam 11: Fiscal Policy: The Keynesian View and the Historical Development of Macroeconomics
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    Mathematically, the Marginal Propensity to Consume Is
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Mathematically, the Marginal Propensity to Consume Is

Question 64

Question 64

Multiple Choice

Mathematically, the marginal propensity to consume is


A) consumption divided by income.
B) the change in consumption divided by the change in income.
C) income divided by consumption.
D) the change in income divided by the change in consumption.

Correct Answer:

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