Multiple Choice
The part of consumption that does NOT depend upon the level of disposable income is
A) autonomous consumption.
B) saving.
C) savings.
D) average propensity to consume.
Correct Answer:
Verified
Correct Answer:
Verified
Q178: Investment includes spending on<br>A) capital goods, buildings,
Q179: Because a decrease in real autonomous spending
Q180: If the marginal propensity to consume (MPC)
Q181: Consumption goods<br>A) include goods such as CDs
Q182: Suppose when real disposable income is $5000,
Q184: If your real disposable income goes up
Q185: Consumption goods are<br>A) a form of investment.<br>B)
Q186: According to Keynes, real saving and real
Q187: The marginal propensity to save (MPS) is<br>A)
Q188: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the