Multiple Choice
The slope of the planned expenditure line is
A) autonomous consumption.
B) the marginal propensity to save.
C) autonomous planned spending.
D) the marginal propensity to consume.
Correct Answer:

Verified
Correct Answer:
Verified
Q148: The saving function is<br>A)cY.<br>B)Y - T.<br>C)(1 -
Q149: In our consumption function,when disposable income is
Q150: Income on the horizontal axis at which
Q151: Figure 3-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-7
Q152: If both autonomous imports and autonomous taxes
Q154: Higher real GDP growth usually causes<br>A)a drop
Q155: If the MPS is 0.1 and the
Q156: Figure 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-5
Q157: In economic models,variables taken as given and
Q158: The multiplier measures the<br>A)number of steps it