Essay
Will MPC plus MPS always equal one? Explain why or why not.
Correct Answer:
Verified
Yes, MPC plus MPS will always equal one....View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
Yes, MPC plus MPS will always equal one....
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Related Questions
Q39: Keynes believed that the economy could stay
Q40: Marginal propensity to save is equal to
Q41: When a person's consumption goes from $8,000
Q42: If the _ is/are fixed, a change
Q43: Which of the following observations concerning the
Q45: Assume that autonomous expenditures in an economy
Q46: The value of the expenditure multiplier depends
Q47: Explain the concept of autonomous consumption.<br>
Q48: Unplanned inventory decreases:<br>A)tend to result in an
Q49: The slope of the consumption function is