Solved

Given the Equations for C,I,G,and NX Below,what Is the Value

Question 104

Multiple Choice

Given the equations for C,I,G,and NX below,what is the value of the marginal propensity to consume? C = 1,000 + 0.8Y
I = 1,500
G =1,250
NX = 100

A) 0.2
B) 0.8
C) 1.8
D) 10

Related Questions

Q99: If consumption is defined as C =

Q100: If firms sell exactly what they expected

Q101: Consumption spending is $16 million,planned investment spending

Q102: _ is defined as national income +

Q103: Which of the following will raise consumer

Q105: The National Restaurant Association states that the

Q106: For all points above the 45 degree

Q107: If the economy is currently in equilibrium

Q108: Consumption is $5 million,planned investment spending is

Q109: If the marginal propensity to save is