menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics USA
  4. Exam
    Exam 17: The Determination of National Output and the Keynesian Multiplier
  5. Question
    The Following Question Are Based on the Following Information for a Society
Solved

The Following Question Are Based on the Following Information for a Society

Question 44

Question 44

Multiple Choice

The following question are based on the following information for a society:
The following question are based on the following information for a society:    -If disposable income is $1,800 billion,the average propensity to consume is A)  0.8. B)  0.84. C)  0.92. D)  1.00. E)  1.08.
-If disposable income is $1,800 billion,the average propensity to consume is


A) 0.8.
B) 0.84.
C) 0.92.
D) 1.00.
E) 1.08.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q39: The irregularity of the innovation rate<br>A) primarily

Q40: Autonomous changes in intended investment<br>A) are due

Q41: A reduction in personal consumption expenditures induced

Q42: The following question are based on the

Q43: In the Keynesian model,supply adjusts passively to

Q45: An upward shift in the consumption function<br>A)

Q46: If disposable income rises by $100 billion

Q47: An MPC of zero means the value

Q48: The value of the multiplier is<br>A) negative

Q49: If disposable income is held constant,aggregate consumption

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines