The table given below shows the real gross domestic product (GDP) ,consumption,and planned investment in an economy.The marginal propensity to consume (MPC) in the economy is:
?
Table 9.3
?
?
A) 0.
B) 0.2.
C) 0.8.
D) 0.9.
E) 80.
Correct Answer:
Verified
Q80: The figure given below shows the income-expenditure
Q81: Increases in the marginal propensity to consume
Q82: If households save $40 billion less at
Q83: If households save $30 billion more at
Q84: If investment increases by $100 and,as a
Q86: In the income-expenditure framework,if planned aggregate expenditures
Q87: Which of the following best describes the
Q88: In the income-expenditure model,if autonomous saving increases
Q89: In the income-expenditure model,if autonomous investment decreases
Q90: If the simple spending multiplier is 8,the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents