Multiple Choice
Given the equations for C,I,G,and NX below,what is the marginal propensity to save? C = 1,000 + 0.8Y
I = 1,500
G =1,250
NX = 100
A) 0.2
B) 0.8
C) 1.8
D) 10
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: If the consumption function is defined as
Q45: The Apple iPhone is sold in a
Q50: Which of the following will cause a
Q51: If the consumption function is defined as
Q70: What is the difference between aggregate expenditure
Q100: Figure 23-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 23-1
Q106: For all points above the 45 degree
Q153: A decrease in aggregate expenditure has what
Q191: An increase in the real interest rate
Q288: If an increase in investment spending of