The marginal propensity to consume is found by
A) dividing consumption expenditure by disposable income.
B) dividing disposable income by consumption expenditure.
C) dividing the change in disposable income by the change in consumption expenditure.
D) dividing the change in consumption expenditure by the change in disposable income.
Correct Answer:
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Q71: The MPC is equal to
A) △ C
Q72: As disposable income increases, there is a
Q73: The MPC is the fraction of
A) total
Q74: The marginal propensity to consume is the
A)
Q75: The value of the marginal propensity to
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
Q80: The marginal propensity to consume is
A) the
Q81: The MPS equals the ratio of
A) saving
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