The MPC and MPS
A) sum to 1.
B) can sum to anything greater than 0.
C) sum to 100.
D) each are usually less than .5.
Correct Answer:
Verified
Q83: If the marginal propensity to consume is
Q84: The size of the marginal propensity to
Q85: Which of the following is TRUE?
A) MPS
Q86: Suppose real GDP increases from $13 trillion
Q86: The MPC and MPS measure changes in
Q87: The size of the marginal propensity to
Q88: When disposable income increases from $6 trillion
Q96: Between 2015 and 2016 the government reported
Q97: Between 2015 and 2016 the government reported
Q99: Suppose disposable income increases from $7 trillion
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents