The marginal propensity to consume is the
A) fraction of a change in disposable income spent on consumption expenditure.
B) amount saving increases when consumption expenditure decreases.
C) fraction of a change in saving spent on consumption expenditure.
D) fraction of a change in consumption expenditure that is not saved.
Correct Answer:
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Q69: The marginal propensity to consume is the
A)
Q70: The marginal propensity to consume refers to
A)
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
Q75: The value of the marginal propensity to
Q76: The marginal propensity to consume is found
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
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