The MPC and MPS
A) each are usually less than .5.
B) sum to 1.
C) can sum to anything greater than 0.
D) sum to 100.
Correct Answer:
Verified
Q81: When disposable income increases from $7 trillion
Q88: Suppose disposable income increases from $5 trillion
Q108: The MPC and MPS measure changes in
Q109: When disposable income equals $800 billion, planned
Q110: The marginal propensity to consume equals 1
Q111: Suppose real GDP increases from $9 trillion
Q113: The marginal propensity to save (MPS) is
A)
Q114: When disposable income increases from $6 trillion
Q115: The marginal propensity to save equals the
A)
Q116: Which of the following is true?
A) MPS
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