-In the above table, C is consumption expenditure, I is investment, G is government expenditure, X
Is exports, and M is imports. All entries are in dollars. What is the marginal propensity to consume?
A) 0.75
B) 0.20
C) 0.25
D) 0.80
Correct Answer:
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Q201: If aggregate planned expenditures are less than
Q202: If aggregate planned expenditures are less than
Q203: At equilibrium expenditure
A) consumers' expenditures on goods
Q204: In the aggregate expenditure model, when real
Q205: Equilibrium expenditure is defined as the level
Q207: All of the following statements about equilibrium
Q208: Suppose the equilibrium level of expenditure is
Q209: Equilibrium expenditure occurs where the aggregate expenditure
Q210: When the economy is in equilibrium,
A) planned
Q211: When investment exceeds planned investment, aggregate planned
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