The MPW is:
A) the ratio of income to saving
B) the average amount of income that is saved
C) the fraction of a change in income that is withdrawn from the circular flow
D) the ratio of saving to income
Correct Answer:
Verified
Q1: The portion of unemployment that is due
Q2: If an increase in the level of
Q3: The ratio of the change in the
Q4: The fraction of a change in income
Q5: Which of the following is NOT a
Q7: When the aggregate expenditure curve is above
Q8: If an economy's MPC is 0.7, then
Q9: Which of the following is NOT a
Q10: Structural unemployment is the:
A) unemployment that results
Q11: If an economy's MPC is 0.8, then
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