The marginal propensity to consume is found by
A) dividing consumption by income.
B) dividing income by consumption.
C) dividing the change in income by the change in consumption.
D) dividing the change in consumption by the change in income.
Correct Answer:
Verified
Q47: The MPC can best be defined as
A)that
Q48: The consumption function will shift upward when
A)real
Q49: Suppose investment spending is $5 billion,real disposable
Q51: Planned expenditures equals real disposable income
A)at every
Q52: Using real national income on the horizontal
Q53: Technological progress should lead to
A)an outward (rightward)shift
Q55: The planned investment function will shift downward
Q265: In the Keynesian model, planned investment is
Q276: Which of the following would cause a
Q280: The planned investment function shows that
A) real
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