Multiple Choice
What is the term for that fraction of a change in disposable income that is consumed?
A) the marginal propensity to save
B) induced consumption
C) the multiplier
D) the marginal propensity to consume
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q137: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4905/.jpg" alt=" -Refer to the
Q138: Consider the aggregate expenditure line.What do the
Q139: What is the definition of the simple
Q140: How will a rise in the price
Q141: Suppose the price level decreases.How will aggregate
Q142: The aggregate expenditure line, along with the
Q143: How will a decrease in the price
Q145: Suppose the price level decreases.How will the
Q146: Other things constant, how would a larger
Q147: What is reflected by the aggregate demand