Based on data from the U.S.economy, the marginal propensity to consume is about
A) 0.87.
B) 0.75.
C) 0.60.
D) 0.95.
E) 1.10.
Correct Answer:
Verified
Q78: Q79: What is the value of the MPC Q80: If disposable income increases from $5 trillion Q81: To find aggregate planned expenditures, which of Q82: If the marginal propensity to import is Q84: Aggregate planned expenditure decreases if Q85: Equilibrium expenditure is Q86: When disposable income increases from $9 trillion Q87: Autonomous expenditure is the component of Q88: Which of the following is true?
A) government expenditure
A) the amount of aggregate
A) aggregate
A) Actual
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