Multiple Choice
According to the above figure, at an income level of Y1,
A) the economy saves an amount equal to BD.
B) the marginal propensity to save is falling.
C) the average propensity to save is greater than one.
D) the economy dissaves an amount equal to BD.
Correct Answer:
Verified
Correct Answer:
Verified
Q429: Suppose the economy is initially at equilibrium,
Q430: The multiplier equals<br>A) consumption/real disposable income.<br>B) change
Q431: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q432: Supposed actual investment is greater than planned
Q433: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q435: The break-even point refers to<br>A) a zero
Q436: Which of the following is correct?<br>A) 1
Q437: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q438: Suppose that the marginal propensity to consume
Q439: A decrease in interest rates will<br>A) shift