The marginal propensity to consume (MPC) equals the change in _____ divided by the change in _____.
A) consumer spending; disposable income
B) consumer spending; investment spending
C) consumer spending; gross domestic product
D) disposable income; consumer spending
Correct Answer:
Verified
Q12: Suppose the marginal propensity to consume equals
Q13: If the marginal propensity to save is
Q14: Suppose that a financial crisis decreases investment
Q15: The marginal propensity to consume plus the
Q16: The changes in the economy of Finland
Q18: If the multiplier equals 4, then the
Q19: The marginal propensity to save is:
A) savings
Q20: The marginal propensity to consume is:
A) increasing
Q21: The marginal propensity to consume is the
Q22: In a simple, closed economy (no government
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