Multiple Choice
The marginal propensity to consume plus the marginal propensity to save is always
A) equal to zero.
B) greater than zero but less than one.
C) equal to one.
D) greater than one.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q62: Which of the following statements is true?<br>A)
Q63: When total expenditures are greater than total
Q64: What is the general format of the
Q65: Describe the three basic points that Keynes
Q66: Here is a consumption function: C =
Q68: The answer is: "It is sometimes in
Q69: The economy is in equilibrium,TP = TE.Then,autonomous
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q71: If consumption is greater than disposable income,it
Q72: Suppose the MPC = 0.60 and government