If disposable income is $350 billion and the average propensity to consume is 0.80, then personal saving is $70 billion.
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Q204: The multiplier value is the reciprocal of
Q205: If people saved more of any extra
Q206: The average propensity to save is equal
Q207: If the real rate of interest increases,
Q208: The marginal propensity to consume is the
Q210: Investment is not affected by current profits;
Q211: An increase in taxes will shift both
Q212: If the consumption schedule becomes steeper, then
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Q214: The wealth effect will tend to decrease
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