Multiple Choice
If the MPC equals 0.75, then
A) for every $100 increase in consumption, real Gross Domestic Product (GDP) increases by $75.
B) consumption is always more than real Gross Domestic Product (GDP) .
C) for every $100 increase in real Gross Domestic Product (GDP) , saving increases by $75.
D) for every $100 increase in real Gross Domestic Product (GDP) , saving increases by $25.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" Note: Amounts in
Q372: A decrease in autonomous consumption means that<br>A)
Q374: If your real disposable income goes up
Q375: In the Keynesian model with government and
Q376: All of the following would cause the
Q378: When the investment is graphed as a
Q379: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q380: Which of the following is TRUE?<br>A) APC
Q381: At the point at which planned real
Q382: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Consider the above