Multiple Choice
If the marginal propensity to save is 0.4 and disposable income decreases from $2,000 to $1,000, saving will
A) decrease by $400.
B) increase by $400.
C) decrease by $80.
D) increase by $80
Correct Answer:

Verified
Correct Answer:
Verified
Q224: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q225: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q226: The terms "saving" and "savings" differ in
Q227: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Consider the above
Q228: The relationship between planned real investment spending
Q230: If the average propensity to consume is
Q231: Real planned investment spending is positively related
Q232: The investment function will shift when there
Q233: The average propensity to save (APS) is<br>A)
Q234: Which of the following is TRUE?<br>A) APC