The change in consumption divided by the change in disposable income is called the
A. marginal propensity to consume.
B. probability of spending.
C. the marginal product.
D. marginal aggregate spending.
Answer: A
Economics
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Costs of renewing contracts or printing new price lists are known as
A) small business costs. B) small menu costs. C) small operating costs. D) small production costs.
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The term net exports refers to:
a. the situation in which a country's exports exceed its imports. b. the situation in which a country's imports exceed its exports. c. the shortages that result when a country imposes a price ceiling. d. the shortages that result when a country imposes a price floor. e. the difference between the value of exports and the value of imports.
Economics