If the marginal propensity to save (MPS) = 0.1, then
A) the MPC = 0.9.
B) the APS = 0.1.
C) the APC = 0.9.
D) consumption equals $1,800 when income equals $2,000.
A
Economics
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Given the desire of politicians to get reelected, they might try in the short run to use _____
a. a contractionary monetary policy b. an expansionary fiscal policy c. an expansionary monetary policy d. tax increases e. automatic stabilizers to control demand
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