If disposable income increases by $100 million, and consumption increases by $90 million, then the marginal propensity to consume is

A) 0.9. B) 0.8. C) 0.75. D) 0.6.

A

Economics

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Refer to the information provided in Figure 3.14 below to answer the question(s) that follow. Figure 3.14Refer to Figure 3.14. At a quantity demanded of 750, there is an excess

A. demand of 300 sunglasses if the price is $60. B. supply of 300 sunglasses if the price is $30. C. demand of 450 sunglasses if the price is $60. D. demand of 450 sunglasses if the price is $30.

Economics

"Inflation Targeting Rule" is a special case of a

A) Taylor Rule with zero weight on output. B) Taylor Rule with zero weight on inflation. C) Taylor Rule with an equal weight on output and inflation. D) Taylor Rule with different but positive weights on output and inflation.

Economics