Multiple Choice
In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports. Table 9.3 Refer to Table 9.3.Compute the marginal propensity to save in the economy.
A) 0.10
B) 0.20
C) 0.25
D) 0.50
E) 0.75
Correct Answer:

Verified
Correct Answer:
Verified
Q3: The average propensity to save (APS)is the
Q4: The figure given below shows the consumption
Q5: Which of the following will cause the
Q6: As disposable income rises:<br>A)consumption falls as a
Q7: Suppose that the consumption function crosses the
Q9: The figure given below represents the saving
Q10: MPI refers to the percentage of additional
Q11: Which of the following is least likely
Q12: The table given below reports the consumption
Q13: If it is assumed that there are