The MPC is the fraction of
A) total disposable income that is not consumed.
B) a change in disposable income that is consumed.
C) total disposable income that is consumed.
D) a change in disposable income that is saved.
Correct Answer:
Verified
Q93: The marginal propensity to consume
A) exceeds 1.
B)
Q94: The marginal propensity to consume is found
Q95: Suppose disposable income increases from $7 trillion
Q96: The marginal propensity to consume is
A) the
Q97: The marginal propensity to consume measures
A) how
Q99: The marginal propensity to consume refers to
Q100: If the marginal propensity to consume is
Q101: 1 - MPC equals
A) induced consumption.
B) the
Q102: The marginal propensity to save is
A) total
Q103: 
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