True/False
The marginal propensity to consume plus the marginal propensity to save must always equal 1.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q58: Exhibit 23-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 23-1
Q59: The Keynesian-cross model is a complete macroeconomic
Q60: A change in taxes of a given
Q61: The Keynesian-cross model suggests that increased saving
Q62: Which of the following will result as
Q63: Marginal propensity to consume is equal to
Q64: If Pat's income increased from $250,000 to
Q65: Autonomous determinants of consumption expenditures are dependent
Q67: Which of the following changes in taxes
Q68: If George's MPS is 0.75 and he