According to the above table, the marginal propensity to consume is

The transitional gains trap is a _____

a. by-product of some types of regulation b. associated with the move from a socialist to a market society c. associated with the move from a communal to a socialist society d. by-product of changing the rate at which capital gains are taxed

An example of an expansionary monetary policy is

A) a decrease in the required reserve ratio. B) the Fed selling bonds in the open market. C) an increase in the required reserve ratio. D) a law placing a ceiling on the maximum interest rate that banks can pay to depositors.