The MPC can be defined as the:
A. Change in consumption divided by the change in income
B. Change in income divided by the change in consumption
C. Ratio of income to saving
D. Ratio of saving to consumption
A. Change in consumption divided by the change in income
Economics
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Which of the following would cause the long-run aggregate supply curve to shift to the right?
A) an increase in wages B) an increase in demand C) an increase in productivity D) an increase in taxes on profits
Economics
A private equity firm is a group of investors that buys up the publicly traded stock of a large corporation and then takes the corporation private
Indicate whether the statement is true or false
Economics