Multiple Choice
-According to the data in the above table, at what level of disposable income is savings negative?
A) 400
B) 300
C) 200
D) Never because saving cannot be negative.
Correct Answer:
Verified
Related Questions
Q88: Suppose disposable income increases from $5 trillion
Q98: The MPC is the fraction of
A) total
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
Q104: The marginal propensity to save
A) exceeds 1.
B)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents