Economists Based Their Prediction That Secular Stagnation Would Occur as Economies

Multiple Choice

Economists based their prediction that secular stagnation would occur as economies prospered on the conjecture that:

A) the marginal propensity to consume is greater than zero.
B) the marginal propensity to consume is less than one.
C) the average propensity to consume falls as income rises.
D) income is the primary determinant of consumption.