If a family's MPC is 0.7, it means that the family is:
A. Operating at the break-even point
B. Spending seven-tenths of any increment to its income
C. Necessarily dissaving
D. Spending 70 percent of its disposable income
B. Spending seven-tenths of any increment to its income
Economics
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The supply of loanable funds curve shifts leftward if the real interest rate rises
Indicate whether the statement is true or false
Economics
Since 1970 there has been a huge increase in the relative importance of __________ as a source of bank funds
A) negotiable CDs B) time deposits C) foreign deposits D) transactions deposits
Economics