The marginal propensity to consume
A) shows how much real disposable income changes when consumption falls.
B) is greater than 1 only if the marginal propensity to save is greater than 1.
C) shows how much of an extra dollar of real disposable income is spent.
D) shows the percentage of real disposable income consumed at each level of income.
Correct Answer:
Verified
Q55: The planned investment function will shift downward
Q61: Equilibrium in the macro economy occurs when
A)total
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A)a
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A)generate instability.
B)promote stability
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