Assume a simple model without any government.If an increase in autonomous investment of 40 leads to an increase in consumption of 160, then the marginal propensity to save is
A) 0) 10
B) 0) 20
C) 0) 25
D) 0) 40
E) 0) 80
Correct Answer:
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Q6: If there is no government or foreign
Q7: The marginal propensity to consume (mpc)
A)shows the
Q8: In a model with no government or
Q9: The expenditure multiplier is used to calculate
Q10: Assume a model with no government, where
Q12: A consumption function of the form C
Q13: In a simple model with no government
Q14: Assume a model with no government or
Q15: In a Keynesian model of income determination,
Q16: Assume a model with no government or
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