The health care system in the United Kingdom is often referred to as ________, under which the government owns most of the hospitals and employs most of the doctors

From any point above the current LM curve, money market equilibrium can be restored by some combination of a ________ income and a ________ interest rate

A) higher, higher B) higher, lower C) lower, higher D) lower, lower

Suppose that after disposable income increases by $500 billion, consumption expenditures increase by $450 billion. Therefore, the marginal propensity to consume would be

a. 1.11 b. 9.00 c. 0.09 d. 0.90 e. 0.82