Multiple Choice
With which of the following marginal propensities to consume would a given change in disposable income have the smallest effect on aggregate demand?
A) 0.2
B) 0.4
C) 0.6
D) 0.8
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: As the price level increases,what is the
Q6: What effect would faster growth rates by
Q8: If Rhonda's taxes rose by $20 000,other
Q10: What is included in investment (I)?<br>A)the amount
Q11: What is likely to increase investment and,as
Q13: For individuals who are holding money or
Q14: A reduction in the price level will
Q14: In which of following examples does increased
Q45: The four major components of aggregate demand
Q56: What role do imports play in aggregate