Multiple Choice
Table 23-3
-Refer to Table 23-3. Given the consumption schedule in the table above, the marginal propensity to save is
A) 0.1.
B) 0.4.
C) 0.7.
D) 0.9.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: If planned aggregate expenditure is less than
Q49: Consumption spending is $5 million,planned investment spending
Q62: A decrease in the price level in
Q173: An unplanned decrease in inventories results in<br>A)a
Q222: During a(n)_ many firms experience reduced profits,which
Q224: Ceteris paribus,how does a recession in the
Q239: _ is equal to consumption spending plus
Q247: If planned investment is greater than actual
Q283: If disposable income increases by $500 million,and
Q303: If planned aggregate expenditure is below potential