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    Macroeconomics Policy and Practice
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    Exam 18: Consumption and Saving
  5. Question
    If High Incomes Inspire More Saving Than Low Incomes ________
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If High Incomes Inspire More Saving Than Low Incomes ________

Question 18

Question 18

Multiple Choice

If high incomes inspire more saving than low incomes ________.


A) the average propensity to consume falls as income rises
B) the marginal propensity to consume rises as income rises
C) autonomous consumption falls as income rises
D) the average propensity to consume rises as wealth rises

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