Multiple Choice
If Ap is total autonomous planned spending,c is the marginal propensity to consume,s is the marginal propensity to save,and Y is the equilibrium income level,then
A) Ap/Y.
B) Y = Ap/s.
C) sY.
D) cAp.
Correct Answer:
Verified
Correct Answer:
Verified
Q63: In the consumption function C = a
Q64: Assume that the marginal propensity to consume
Q65: In the four-part diagram used to construct
Q66: An exogenous rise in government expenditures will
Q67: If disposable income increases by $100 and
Q69: Net exports _ the autonomous expenditure multiplier.<br>A)reduce<br>B)increase<br>C)A
Q70: If business firms are more optimistic during
Q71: Assuming that there are NO income taxes,if
Q72: Figure 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-3
Q73: If s = MPS,and t = income