Solved

-The Figure Above Shows a Nation's Consumption Function

Question 38

Multiple Choice

-The figure above shows a nation's consumption function.If disposable income is $2 trillion,then the MPC is ________ and saving is ________. A) positive;zero B) positive;positive C) positive;negative D) negative;positive E) negative;negative
-The figure above shows a nation's consumption function.If disposable income is $2 trillion,then the MPC is ________ and saving is ________.


A) positive;zero
B) positive;positive
C) positive;negative
D) negative;positive
E) negative;negative

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: As a household's disposable income increases, its

Q33: Aggregate planned expenditure decreases if<br>A)real GDP decreases.<br>B)government

Q34: Unplanned inventories increase when<br>A)actual aggregate expenditure is

Q35: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -The above table

Q37: The idea of the multiplier is that

Q40: Equilibrium expenditure occurs when<br>A)disposable income equals consumption

Q41: The components of aggregate expenditure that are

Q42: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -The above table

Q56: Aggregate expenditure is equal to<br>A) C +

Q94: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -The above table