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Assuming That Investment,government Expenditures,and Net Exports Are All Autonomous,the Marginal

Question 114

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Assuming that investment,government expenditures,and net exports are all autonomous,the marginal propensity to consume for the economy represented in Figure 9.9 is A) 1.0 since aggregate expenditure is a straight line. B) 0.5. C) 0.25. D) Indeterminate since there is no consumption function. Assuming that investment,government expenditures,and net exports are all autonomous,the marginal propensity to consume for the economy represented in Figure 9.9 is


A) 1.0 since aggregate expenditure is a straight line.
B) 0.5.
C) 0.25.
D) Indeterminate since there is no consumption function.

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