menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 8: Aggregate Expenditure and Output in the Short Run
  5. Question
    Table 8.7 -Refer to Table 8.7.Given the Consumption Schedule in the Table
Solved

Table 8.7 -Refer to Table 8.7.Given the Consumption Schedule in the Table

Question 155

Question 155

Multiple Choice

Table 8.7 Table 8.7   -Refer to Table 8.7.Given the consumption schedule in the table above, the marginal propensity to consume is A) 0.4. B) 0.5. C) 0.6. D) 0.75. E) 0.8.
-Refer to Table 8.7.Given the consumption schedule in the table above, the marginal propensity to consume is


A) 0.4.
B) 0.5.
C) 0.6.
D) 0.75.
E) 0.8.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q151: Consumption is $5 billion, planned investment spending

Q152: If the consumption function is defined as

Q153: Investment spending increases during _, and decreases

Q154: Figure 8.3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 8.3

Q157: Given Table 8.6 below, fill in the

Q158: If the MPC is 0.95, then a

Q159: In the aggregate expenditure model, _ has

Q160: As a result of the oil price,

Q243: The larger the MPC,the smaller the value

Q247: If planned investment is greater than actual

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines