Multiple Choice
-Refer to the above diagram.At disposable income level D,consumption:
A) is equal to CD.
B) is equal to OD minus CD.
C) is equal to CD/OD.
D) is equal to CD plus BD.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q24: If the real interest rate in the
Q86: If the MPC is.6, the simple multiplier
Q104: A high rate of inflation is likely
Q124: The simple multiplier is:<br>A)1/MPC.<br>B)1/(1 + MPC).<br>C)1/MPS.<br>D)1/(1 -
Q127: The saving schedule is drawn on the
Q133: The following table illustrates the multiplier process
Q136: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -Refer to the
Q141: Suppose an economy's consumption schedule shifts from
Q152: The reverse wealth effect will tend to
Q163: If a $100 billion decrease in investment