The above figure shows the saving schedules for economies 1, 2, 3, and 4.Which economy has the highest marginal propensity to consume?
A) 1
B) 2
C) 3
D) 4
Correct Answer:
Verified
Q161: A $1 billion increase in investment will
Q162: Assume the saving schedule for a private
Q163: Assume the consumption schedule for a private
Q165: If the MPC is.6, the simple multiplier
Q166: The simple multiplier may be calculated as:
A)1/(MPS
Q167: The following table illustrates the multiplier process
Q172: The simple multiplier is:
A)1/MPC.
B)1/(1 + MPC).
C)1/MPS.
D)1/(1 -
Q175: If the marginal propensity to save is
Q177: If the MPC is .70 and gross
Q179: The increase in income which results from
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