The marginal propensity to consume is
A) the percentage or fraction of income that is consumed.
B) the slope of the savings function.
C) never greater than 1.
D) the percentage change in disposable income.
Correct Answer:
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Q87: The marginal propensity to consume measures how
Q88: The marginal propensity to consume
A) shows how
Q89: The marginal propensity to consume equals
A) the
Q90: The marginal propensity to consume refers to
A)
Q91: The marginal propensity to consume is the
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
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