A subsidy is sometimes used by the government to correct the problems associated with

According to the income approach, the largest component of national income is:

a. government spending. b. proprietor's income. c. net interest. d. personal consumption expenditures. e. compensation of employees.

If the marginal propensity to consume decreases, the marginal propensity to save decreases

a. True b. False Indicate whether the statement is true or false