John Maynard Keynes believed that the marginal propensity to consume:
A)is zero.
B)is between zero and one.
C)is one.
D)increases as income increases.

Name: John Maynard Keynes believed that the marginal propensity to consume: A)is zero. B)is between zero and one. C)is one. D)increases as income increases.
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Keynes believed that the marginal propensity to consume (MPC) is between zero and one, meaning that as income increases, people will spend a portion of the additional income and save the rest.

John Maynard Keynes Believed That the Marginal Propensity to Consume