Multiple Choice
Which of the following is correct?
A) 1 + MPS = MPC
B) 1 - MPC = MPS
C) 1 - MPS = MPC + 1
D) 1 - MPS = MPC - 1
Correct Answer:

Verified
Correct Answer:
Verified
Q33: The consumption function shows how much<br>A) households
Q52: An increase in the marginal propensity to
Q83: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q94: How much people plan to consume at
Q98: Which of the following statements is TRUE?<br>A)APC
Q99: According to Keynes, an individual's level of
Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5016/.jpg" alt=" Note: Amounts
Q146: One divided by the marginal propensity to
Q249: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Consider the above
Q421: Autonomous consumption<br>A) is measured by the slope