Multiple Choice
The marginal propensity to consume:
A) is the change in consumption divided by the change in saving.
B) is usually higher for unemployed individuals than for people who are very wealthy.
C) is equal to the marginal propensity to save plus 1.
D) tells policy makers the additional amount of investment spending that would accompany an additional amount of government spending.
Correct Answer:
Verified
Correct Answer:
Verified
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