A movement along the saving function occurs when
A) the real interest rate rises.
B) wealth increases.
C) disposable income decreases.
D) None of the above answers is correct.
Correct Answer:
Verified
Q72: As disposable income increases, there is a
Q73: The MPC is the fraction of
A) total
Q74: The marginal propensity to consume is the
A)
Q75: The value of the marginal propensity to
Q76: The marginal propensity to consume is found
Q78: The marginal propensity to consume measures
A) how
Q79: When disposable income is 0, consumption is
Q80: The marginal propensity to consume is
A) the
Q81: The MPS equals the ratio of
A) saving
Q82: When disposable income increases from $7 trillion
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