Multiple Choice
In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports.
Table 9.3
-Refer to Table 9.3. Calculate the marginal propensity to consume in the economy.
A) 0.25
B) 0.50
C) 0.75
D) 0.80
E) 1.25
Correct Answer:

Verified
Correct Answer:
Verified
Q16: As household wealth increases, it will experience
Q24: The slope of the aggregate expenditures function
Q33: The table given below reports the
Q41: The figure given below represents the consumption
Q49: An increase in the marginal propensity to
Q58: As a function of real GDP (real
Q59: When we assume that investment is autonomous
Q62: Which of the following will cause the
Q80: All of the following would cause exports
Q85: The net export function is negatively sloped