The change in consumption divided by the change in disposable income is equal to
A) the slope of the consumption function.
B) aggregate expenditure.
C) household saving.
D) real GDP.
Correct Answer:
Verified
Q123: Which of the following is true?
A)National income
Q124: If national income increases by $75 million
Q125: If disposable income increases by $500 million,and
Q126: When we graph consumption as a function
Q127: _ spending follows a smooth trend whereas,_
Q129: Investment spending will decrease when
A)the interest rate
Q130: If the marginal propensity to save is
Q131: The sum of the marginal propensity to
Q132: Investment spending increases during _,and decreases during
Q133: _ is defined as national income +
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