Exhibit 8-5 Consumption function As shown in Exhibit 8-5, the marginal propensity to save (MPS) is:
A) 0.25.
B) 0.50.
C) 0.75.
D) 0.90.
Correct Answer:
Verified
Q80: An increase in the wealth of households,
Q125: As shown in Exhibit 8-3, break-even income
Q126: As shown in Exhibit 8-3, dissaving occurs:
A)at
Q127: Exhibit 8-5 Consumption function Q128: A shift in the consumption function: Q129: Exhibit 8-4 Disposable income and consumption data Q131: Exhibit 8-4 Disposable income and consumption data Q132: Exhibit 8-5 Consumption function Q133: Exhibit 8-4 Disposable income and consumption data Q134: As shown in Exhibit 8-3, the marginal
A)is based
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