Solved

If Disposable Income Increases by $500 Million,and Consumption Increases by $400

Question 283

Multiple Choice

If disposable income increases by $500 million,and consumption increases by $400 million,then the marginal propensity to consume is

A) 1.25.
B) 0.8.
C) 0.6.
D) 0.4.

Related Questions

Q278: An unplanned increase in inventories results from<br>A)an

Q279: _ in taxes will decrease consumption spending,and

Q280: Which of the following is true?<br>A)National income

Q281: Table 12-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 12-4

Q282: Table 12-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 12-1

Q284: Figure 12-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-3

Q285: Consumption is $5 million,planned investment spending is

Q286: If the consumption function is defined as

Q287: If inventories decline by more than analysts

Q288: If an increase in investment spending of