The greater is the marginal propensity to consume, the:
A. smaller is the marginal propensity to save.
B. higher is the interest rate.
C. smaller is the average propensity to consume.
D. lower is the price level.
A. smaller is the marginal propensity to save.
Economics
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What is the average cost per unit if the firm produces 5 units?
a. $196 b. $980 c. $182 d. $910
Economics
The main attractive feature of a negative income tax program is
a. it is politically clean and simple b. it keeps the IRS out of the picture c. it avoids cash payments to the poor d. it is totally financed out of the incomes of the poor creating for them a sense of individual responsibility e. it only subsidizes the unemployed
Economics