At a level of disposable income of $0, consumption expenditure is $3,500. Therefore when disposable income is $0
A) saving and dissaving equal $0.
B) saving equals -$3,500.
C) saving equals $3,500.
D) the MPC = zero.
Correct Answer:
Verified
Q61: The saving function shows a _ relationship
Q62: What is the marginal propensity to consume?
A)
Q63: Saving rather than dissaving occurs at any
Q64: An increase in disposable income shifts
A) both
Q65: The marginal propensity to consume is equal
Q67: An increase in disposable income
A) shifts the
Q68: The marginal propensity to consume is
A) total
Q69: The marginal propensity to consume is the
A)
Q70: The marginal propensity to consume refers to
A)
Q71: The MPC is equal to
A) △ C
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