The marginal propensity to consume is the change in consumption divided by the change in
A) saving.
B) investment.
C) disposable income.
D) debt.
E) net exports.
Correct Answer:
Verified
Q53: When the consumption function is plotted on
Q54: If an increase in a household's disposable
Q55: As incomes go up,the
A) average propensity to
Q56: The fraction,or percentage,of disposable income that is
Q57: The average propensity to consume is consumption
A)
Q59: If disposable income decreases,the average propensity to
Q60: The marginal propensity to consume is the
A)
Q61: The portion of planned aggregate expenditure determined
Q62: When actual private-sector investment is greater than
Q63: If consumption increases by $8 when disposable
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