Solved

Assume a Simple Model Without Any Government

Question 11

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents