If the MPC is 0.8, and savings is the only withdrawal, the MPS is
A) 1.8
B) 1.25
C) 0.8
D) 0.2
Correct Answer:
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Q6: The MPS is
A) the fraction of a
Q7: Which of the following factors will cause
Q8: Which of the following would not raise
Q9: Which of the following would not lower
Q10: If the MPS is 0.4, and savings
Q12: When Richard's income is £20,000 he saves
Q13: The change in imports caused by a
Q14: Income increased by £1,000 and imports increased
Q15: If the marginal propensity to import is
Q16: Which of the following best describes the
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