According to the above table, the value of MPS is
A) 0.9. B) 0.1.
C) 0.2. D) increasing as real disposable income rises.
B
You might also like to view...
A sequential game can be used to analyze whether a retail firm should build a large store or a small store in a city, when the correct choice depends on whether a competing firm will build a new store in the same city. Which of the following is used to analyze this type of decision?
A) an either-or graph B) a decision tree C) a decision matrix D) a sequential matrix
An effective expansionary fiscal policy will:
A. reduce a cyclical deficit but necessarily increase the actual deficit. B. reduce the cyclically adjusted deficit. C. increase the cyclically adjusted deficit but reduce the actual deficit. D. always result in a balanced actual budget once full employment is achieved.