The marginal propensity to consume is
A) the slope of the savings function.
B) never greater than 1.
C) the percentage or fraction of income that is consumed.
D) the percentage change in disposable income.
Correct Answer:
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Q75: The value of the marginal propensity to
Q76: The marginal propensity to consume is found
Q77: A movement along the saving function occurs
Q78: The marginal propensity to consume measures
A) how
Q79: When disposable income is 0, consumption is
Q81: The MPS equals the ratio of
A) saving
Q82: When disposable income increases from $7 trillion
Q83: If the marginal propensity to consume is
Q84: The size of the marginal propensity to
Q85: Which of the following is TRUE?
A) MPS
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