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
    If the Marginal Propensity to Consume Is 0
Solved

If the Marginal Propensity to Consume Is 0

Question 176

Question 176

Multiple Choice

If the marginal propensity to consume is 0.6, the marginal propensity to save is


A) 0.4.
B) 0) .6.
C) 1.
D) 1.5.
E) 0.8.

Correct Answer:

verifed

Verified

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

Related Questions

Q73: The formula for the multiplier is (1

Q89: Lower interest rates increase both consumption and

Q171: Many American and European politicians argue that

Q172: A general formula for the multiplier is<br>A)

Q175: Inventories refer to<br>A)goods which have been presold

Q177: On the 45-degree line diagram, for points

Q178: Economists Andy Kwan and John Cotsomitis' work

Q179: A decrease in the price level in

Q180: Which of the following correctly describes how

Q181: Suppose Canada experiences a long period of

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