Multiple Choice
The average propensity to consume is
A) real consumption/real disposable income.
B) real saving/real disposable income.
C) change in real consumption/change in real disposable income.
D) change in real saving/change in real disposable income.
Correct Answer:
Verified
Correct Answer:
Verified
Q397: Suppose equilibrium for an economy occurs when
Q398: According to Keynes, planned consumption<br>A) decreases as
Q399: When graphing the consumption function, we include
Q400: Along the portion of the consumption function
Q401: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q403: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q404: The ownership of stock of assets is<br>A)
Q405: The marginal propensity to consume (MPC) is<br>A)
Q406: If the marginal propensity to consume (MPC)
Q407: If the multiplier is 50, then the