If national income is $400 billion, consumption spending is $380 billion, and MPC is 0.5, what is the level of saving?

a. $20 billion
b. $210 billion
c. $380 billion
d. $590 billion
e. $780 billion

A

Economics

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Refer to Figure 5-6. What is the economically efficient output level?

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Money market deposit accounts are included in

A) only M1. B) only M2. C) M1 and M2. D) neither M1 nor M2.

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