The change in consumption divided by the change in disposable income is called the
A) marginal propensity to consume.
B) probability of spending.
C) the marginal product.
D) marginal aggregate spending.
Correct Answer:
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Q90: "Men are disposed, as a rule, and
Q91: Figure 8-1 Q92: The nation's disposable income increases by $400 Q93: The slope of the scatter diagram representing Q94: The marginal propensity to consume is Q96: Economists expect the relationship between consumption and Q97: The difference between disposable income and consumption Q98: If DI falls by $100 billion, and Q99: The marginal propensity to consume (MPC) is Q100: If disposable income increases by $400 billion
A)disposable income
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