The marginal propensity to consume
A) shows how much disposable income changes when consumption expenditure decreases.
B) shows how much of an extra dollar of disposable income is consumed.
C) is greater than 1 only if the marginal propensity to save is greater than 1.
D) shows the percentage of disposable income consumed at each level of income.
Correct Answer:
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Q83: The marginal propensity to consume is the
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Q84: The MPC is equal to
A) OC /
Q85: The value of the marginal propensity to
Q86: The marginal propensity to consume is defined
Q87: The marginal propensity to consume measures how
Q89: The marginal propensity to consume equals
A) the
Q90: The marginal propensity to consume refers to
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Q91: The marginal propensity to consume is the
Q92: The marginal propensity to consume is
A) the
Q93: The marginal propensity to consume
A) exceeds 1.
B)
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