Exhibit 9-6
-The marginal propensity to consume (MPC) in Exhibit 9-6 equals
A) 0.20 or 1/5
B) 0.40 or 2/5
C) 0.80 or 4/5
D) 0.90 or 9/10
E) 0.60 or 3/5
Correct Answer:
Verified
Q2: Exhibit 9-7 Q3: If there are no unintended changes in Q4: Consumption plus saving equals disposable income at Q5: Exhibit 9-6 Q8: The aggregate expenditure line,along with the 45-degree Q9: If an economy is in equilibrium when Q10: The aggregate expenditure line shows total planned Q11: The aggregate expenditure line shows Q12: The equilibrium quantity of aggregate output occurs Q148: Aggregate expenditure means total or combined spending.
A)real GDP on
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