The marginal propensity to consume is always
a. a negative number
b. larger than 1.0
c. larger than 10
d. greater than zero and less than 0.5
e. greater than zero and less than 1.0
E
Economics
You might also like to view...
Natural monopolies often arise in industries where the marginal cost of adding an additional customer is high
a. True b. False Indicate whether the statement is true or false
Economics
A decrease in the price of pork will result in
A) a smaller quantity of pork supplied. B) a larger quantity of pork supplied. C) a decrease in the demand for pork. D) an increase in the supply of pork.
Economics