Multiple Choice
The fraction of a change in disposable income that is consumed is called _____.
A) autonomous consumption
B) induced consumption
C) the multiplier
D) the marginal propensity to consume
E) the marginal propensity to save
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q72: The aggregate expenditure line shows total planned
Q73: In the simple aggregate expenditure model,the slope
Q74: Expectations that disposable income will increase in
Q75: The smaller the marginal propensity to save,other
Q76: If incomes in the United States increase,other
Q78: The amount of U.S.exports to the rest
Q79: Which of the following is not an
Q80: Aggregate expenditure means total or combined spending.
Q81: Which of the following is true of
Q82: An increase in the U.S.price level,other things