The average propensity to save is calculated by dividing savings by income.
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Q82: At equilibrium, if spending increases by $1,200
Q83: Equilibrium in the Keynesian model requires that
Q84: Assume that the economy includes only consumers
Q85: Saving is equal to
A) disposable income minus
Q86: In the Keynesian macroeconomic equilibrium
A) AE =
Q88: Suppose the government believes consumers should spend
Q89: If the marginal propensity to consume is
Q90: (Figure: Consumption Spending) At point A in
Q91: If the amount of spending in an
Q92: (Graph: Consumption) Based on the information provided
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