The table given below shows the real gross domestic product (GDP) ,consumption,and planned investment in an economy.The marginal propensity to save (MPS) in the economy is _____.
Table 9.3
?
?
A) 0
B) 0.1
C) 0.2
D) 0.8
E) 20
Correct Answer:
Verified
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
Q92: If the spending multiplier is greater than
Q93: When current production of goods and services
Q94: An increase in autonomous investment in an
Q95: If the marginal propensity to save (MPS)is
Q96: If the marginal propensity to consume (MPC)equals
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