Multiple Choice
Based on our understanding of consumption and saving,we know that the marginal propensity to consume and the marginal propensity to save must
A) be equal to each other.
B) sum to exactly one.
C) sum to less than one.
D) sum to more than one.
E) be equal to the multiplier.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Suppose the United States economy is represented
Q40: For a closed economy,which of the following
Q41: Which of the following will not increase
Q42: The marginal propensity to consume represents<br>A)the level
Q43: An increase in the desire to save
Q45: Suppose the consumption equation is represented by
Q46: For this question,assume that taxes are independent
Q47: For the U.S.economy,which of the following represents
Q48: Which of the following is an exogenous
Q49: Suppose the consumption equation is represented by