Multiple Choice
Exhibit 9-9
-The smaller the marginal propensity to save,other things constant,
A) the smaller the marginal propensity to consume
B) the smaller the multiplier
C) the flatter the consumption function
D) the flatter the saving function
E) the steeper the saving function
Correct Answer:

Verified
Correct Answer:
Verified
Q18: The economy will expand if<br>A)leakages exceed injections<br>B)injections
Q19: At the equilibrium level of real GDP,unplanned
Q20: A decrease in the price level will<br>A)shift
Q21: If an increase in planned investment of
Q22: An increase in the price level will<br>A)shift
Q24: If the marginal propensity to save is
Q25: We can use an aggregate expenditure line
Q26: Which of the following best describes the
Q27: A decrease in the price level will
Q28: A fall in the price level will