Solved

Table 12-4 -Refer to Table 12-4.Given the Consumption Schedule in the Table

Question 206

Multiple Choice

Table 12-4
Table 12-4 -Refer to Table 12-4.Given the consumption schedule in the table above,the marginal propensity to save is A) 0.3. B) 0.4. C) 0.5. D) 0.6.
-Refer to Table 12-4.Given the consumption schedule in the table above,the marginal propensity to save is


A) 0.3.
B) 0.4.
C) 0.5.
D) 0.6.

Correct Answer:

verifed

Verified

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

Related Questions

Q9: Which of the following is a true

Q39: Decreases in the price level will<br>A)lower consumption

Q40: Given the equations for C,I,G,and NX below,what

Q64: What are inventories? What usually happens to

Q171: In a small economy in 2016,aggregate expenditure

Q176: Ceteris paribus,how does an expansion in the

Q182: The passage of the Smoot-Hawley Tariff in

Q191: If the consumption function is defined as

Q206: The marginal propensity to save is defined

Q258: If the MPC is 0.5,then a $10