Multiple Choice
The marginal propensity to consume is defined to be
A) the change in desired consumption divided by the change in saving.
B) the change in desired consumption divided by total disposable income.
C) the change in desired consumption divided by the change in disposable income.
D) total desired consumption divided by total disposable income.
E) total desired consumption divided by the change in disposable income.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: A decrease in the marginal propensity to
Q5: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 21-3 -Refer
Q9: Consider the following information concerning an economy
Q10: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 21-3 -Refer
Q19: Consider the simplest macro model with demand-determined
Q37: Suppose aggregate output is demand-determined.Suppose a decrease
Q51: Consider the simplest macro model with a
Q111: A rise in the real rate of
Q139: Consider a simple macro model with demand-determined
Q146: Consider a simple macro model with a