The marginal propensity to consume is
A) total consumption expenditure divided by the change in disposable income.
B) the change in consumption expenditure divided by total disposable income.
C) the change in consumption expenditure divided by the change in disposable income.
D) the change in consumption expenditure divided by total saving.
Correct Answer:
Verified
Q63: Saving rather than dissaving occurs at any
Q64: An increase in disposable income shifts
A) both
Q65: The marginal propensity to consume is equal
Q66: At a level of disposable income of
Q67: An increase in disposable income
A) shifts the
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
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