The marginal propensity to consume is found by
A) dividing the change in consumption expenditure by the change in disposable income.
B) dividing disposable income by consumption expenditure.
C) dividing consumption expenditure by disposable income.
D) dividing the change in disposable income by the change in consumption expenditure.
Correct Answer:
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Q133: Autonomous consumption is 50. With every increase
Q134: Q135: A fall in the price level Q136: Q138: An increase in the price level results Q139: An increase in expected future income _. Q140: The multiplier is the amount by which Q141: The expenditure multiplier equals Q142: At equilibrium expenditure, unplanned changes in inventory Q226: When prices are fixed and there are
A)shifts the
A)shifts
A)APC - APS where
A)must
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