If there were a terrible depression in the United States,the best estimate of our APC would be
A) .5.
B) .75.
C) .95.
D) 1.05.
Correct Answer:
Verified
Q90: Suppose autonomous consumption is 3000,induced consumption is
Q91: In the 1990s,our savings rate was _
Q92: Which of the following statements is false?
A)In
Q93: Which statement is true?
A)Middle-aged Americans have been
Q94: Autonomous consumption is _ zero.
A)always
B)usually
C)sometimes
D)never
Q96: If consumption is greater than disposable income,the
Q97: If the APC is .9,the MPS is
A).1.
B).45.
C).9.
D)1.0.
E)Impossible
Q98: At very low levels of disposable income,the
Q99: In Japan,the APC is about
A).95.
B).8.
C).65.
D).5.
E).35.
Q100: A negative APS means that
A)induced consumption is
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