Changes in spending modify income by an amount equal to the change in spending.
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Q136: The paradox of thrift states that if
Q137: Disposable income equals income
A) minus government spending.
B)
Q138: If the stock market collapses, consumption will
A)
Q139: (Graph: Consumption) Based on the information provided
Q140: Increases in government spending _ equilibrium income,
Q142: To understand the paradox of thrift, it
Q143: The slope of the saving schedule is
A)
Q144: Because the private and foreign sectors of
Q145: The marginal propensity to consume plus the
Q146: If income rises from $10,000 to $20,000
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