Multiple Choice
Assume that the marginal propensity to consume in the United States is currently 99%. What is the marginal propensity to save?
A) 10%
B) 1%
C) 9%
D) .01%
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: In an economic expansion, the average ratio
Q4: Assume that Sam's marginal propensity to consumer
Q5: What two things does the decision to
Q6: Assume that the marginal propensity to consume
Q7: The multiplier effect<br>A) measures how much a
Q8: What is the government multiplier?<br>A) It measures
Q9: Which of the following would provide funds
Q10: What are the three sources of funds
Q11: Over the business cycle, investment spending tracks
Q13: What are "retained earnings?"<br>A) The amount of