If a household is credit rationed, the MPC out of current disposable income is ________ compared to the MPC out of current disposable income if a household is not credit rationed

A) higher
B) lower
C) the same
D) negative

A

Economics

You might also like to view...

Refer to Table 4.1, which shows Flo's and Rita's individual supply schedules for frozen latte-on-a-stick. Assuming Flo and Rita are the only suppliers in the market, what is the market quantity supplied at a price of $1?

A) 0 B) 1 C) 3 D) 5

Economics

The table above has information about an economy. Using this information, GDP equals

A) $6,500 billion. B) $7,800 billion. C) $7,000 billion. D) $8,500 billion. E) some amount that cannot be calculated without information on the amount of government expenditures.

Economics