Solved

-Refer to the Above Figure

Question 119

Multiple Choice

  -Refer to the above figure. The marginal propensity to consume and the marginal propensity to save A)  are 0.90 and 0.10, respectively. B)  are 0.83 and 0.17, respectively. C)  are 0.75 and 0.25, respectively. D)  depend on the level of income.
-Refer to the above figure. The marginal propensity to consume and the marginal propensity to save


A) are 0.90 and 0.10, respectively.
B) are 0.83 and 0.17, respectively.
C) are 0.75 and 0.25, respectively.
D) depend on the level of income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions