Multiple Choice
Based on data from the Australian economy,the marginal propensity to consume is about
A) 0.75.
B) 1.10.
C) 0.60.
D) 0.95.
E) 0.87.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: When disposable income increases, consumption expenditure<br>A) does
Q12: An increase in the price level leads
Q17: When GDP = $2.5 trillion, C =
Q51: When the price level increases, aggregate planned
Q54: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -In the above
Q63: If autonomous spending decreases, then<br>A) the expenditure
Q93: Which of the following is NOT included
Q95: The expenditure multiplier is typically<br>A) negative.<br>B) greater
Q144: If a $2 billion increase in investment
Q147: If aggregate planned expenditures equal real GDP,then<br>A)inventories