Multiple Choice
-Based upon the above table, if disposable income is $400 billion, saving equals
A) $0 billion.
B) - $50 billion.
C) $50 billion.
D) $100 billion.
Correct Answer:
Verified
Related Questions
Q81: When disposable income increases from $7 trillion
Q116: Which of the following is true?
A) MPS
Q118: For a household, the marginal propensity to
Q119: The MPS equals the ratio of
A) saving
Q120: If the marginal propensity to save is
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