Given that C = $1,000 + 0.60YD,if the level of disposable income is $1,000,the level of saving is
A) $600.
B) $400.
C) -$600.
D) -$300.
Correct Answer:
Verified
Q9: The MPC + MPS must always equal
A)The
Q10: If the MPC is 0.60 and disposable
Q11: When the APC is greater than 1,the
Q12: The components of aggregate demand are
A)Consumption,government spending,net
Q13: According to Keynesian theory,which of the following
Q15: If disposable income increases from $9,000 billion
Q16: Given that C = $500 + 0.8YD,if
Q17: When consumer spending exceeds disposable income,all of
Q18: Which of the following is not true
Q19: The MPC indicates the fraction of
A)An additional
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