Refer to the given data. At an income level of $400 billion, the average propensity to save in economy (2) is:
Answer the question on the basis of the following consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars.
A. .9125.
B. .0725.
C. .0875.
D. .9305.
C. .0875.
Economics
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In Figure 11.3, if the MPS is 0.25 and the distance between points C0 and C1 is 200, then the distance between points y0 and y1 must be
A) 50. B) 200. C) 400. D) 800.
Economics
Which of the following is the most frequently used tool of monetary policy?
a. changing the discount rate b. changing reserve requirements c. open market operations d. interest rate changes
Economics