The following question are based on the following information for a society:
-If disposable income is $1,900 billion,saving is ________ billion.
A) $16
B) $20
C) $144
D) $160
E) $180
Correct Answer:
Verified
Q15: One minus the marginal propensity to consume
Q16: The average propensity to consume equals the
A)
Q17: In national output determination theory,personal consumption expenditures
Q18: The following question are based on the
Q19: Another name for the income expenditure model
Q21: The following question are based on the
Q22: When GDP is at its equilibrium value
A)
Q23: GDP is at the equilibrium level when
A)
Q24: The interest rate
A) equals the expected rate
Q25: If total intended spending precisely equals GDP
A)
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