The marginal propensity to consume is
A) the change in consumption expenditure divided by total saving.
B) the change in consumption expenditure divided by total disposable income.
C) total consumption expenditure divided by the change in disposable income.
D) the change in consumption expenditure divided by the change in disposable income.
Correct Answer:
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Q75: The size of the marginal propensity to
Q76: An increase in disposable income shifts
A) both
Q77: The MPC is the fraction of
A) total
Q78: The MPC is equal to
A) △C /
Q79: The marginal propensity to consume is the
Q81: When disposable income increases from $7 trillion
Q82: If the MPC equals 0.75, then
A) consumption
Q83: 1 - MPC equals
A) autonomous consumption.
B) induced
Q84: The MPS equals the ratio of
A) saving
Q85: If the marginal propensity to consume is
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