Multiple Choice
The fraction of a change in disposable income that is spent on consumption is the
A) marginal propensity to consume.
B) marginal buying power of money.
C) expected future disposable income.
D) marginal dissaving ratio.
E) marginal propensity to dissave.
Correct Answer:
Verified
Correct Answer:
Verified
Q221: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1454/.jpg" alt=" The figure
Q222: The slope of the consumption function is<br>A)
Q223: An economy has no imports or income
Q224: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1454/.jpg" alt=" -The above table
Q225: The value of the expenditure multiplier changes
Q227: <span class="ql-formula" data-value="\begin{array} { c c c
Q228: The multiplier means that an increase in
Q229: If investment increases by $100, then the
Q230: The components of aggregate expenditure that change
Q231: If the expenditure multiplier is 5, the