The Marginal Propensity to Consume (MPC) is defined as the change in
a. C over the change in DI.
b. income over the change in disposable income.
c. DI over the change in C.
d. total income over the change in net income.
a
Economics
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Suppose the U.S. dollar weakens against the euro (and against other major currencies). We know with certainty that this weakening of the dollar will cause which of the following to occur?
A) a recessionary gap B) an inflationary gap C) a deflationary gap D) none of the above
Economics
private ownership of property :
What will be an ideal response?
Economics