The marginal propensity to save is
A) real consumption/real disposable income.
B) change in real saving/change in real disposable income.
C) change in real consumption/change in real disposable income.
D) real saving/real disposable income.
B
Economics
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The cost of producing one more unit of a good or service is equal to its
A) marginal benefit. B) producer surplus. C) marginal expenditure. D) consumer surplus. E) marginal cost.
Economics
Over its history, Brazil has borrowed more from the rest of the world than it has loaned to the rest of the world. Brazil
A) eventually will have a balance of payments account that does not balance. B) is a debtor nation. C) is a creditor nation. D) has no current account balance.
Economics