The marginal propensity to save is equal to the change in consumption divided by the change in income.
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Q221: The rate of return on investment is
Q222: Injections in the simple Keynesian model are
Q223: Keynes believed that saving is a function
Q224: According to Keynes, it does not matter
Q225: (Table) The following table shows data on
Q227: The simple Keynesian model ignores
A) the government.
B)
Q228: If the marginal propensity to consume is
Q229: Suppose economists observe that an increase in
Q230: According to Keynes, as income grows
A) consumption
Q231: Changes in government spending and changes in
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