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
Q83: If households save $30 billion more at
Q86: In the income-expenditure framework,if planned aggregate expenditures
Q88: In the income-expenditure model,if autonomous saving increases
Q90: If the simple spending multiplier is 8,the
Q92: If the spending multiplier is greater than
Q97: If the marginal propensity to consume (MPC)is
Q98: Assume an economy is in equilibrium at
Q99: The fraction of a change in disposable
Q100: In the income-expenditure framework,if planned aggregate expenditures
Q118: The smaller the marginal propensity to save,other
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