The marginal propensity to consume measures
A) how much of a given level of disposable income is consumed.
B) what percentage of disposable income goes to saving.
C) how much consumption expenditure occurs at the equilibrium level of income.
D) the fraction of a change in disposable income that is spent on consumption expenditure.
Correct Answer:
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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
Q76: The marginal propensity to consume is found
Q77: A movement along the saving function occurs
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
Q82: When disposable income increases from $7 trillion
Q83: If the marginal propensity to consume is
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