The marginal propensity to consume equals the:A)proportion of consumer spending as a function of aggregate disposable income.B)change in savings divided by the change in aggregate disposable income.C)ratio of the change in consumer spending to the change in aggregate disposable income.

Question

12-11-2019
Business

contestada

The marginal propensity to consume equals the:A)proportion of consumer spending as a function of aggregate disposable income.B)change in savings divided by the change in aggregate disposable income.C)ratio of the change in consumer spending to the change in aggregate disposable income.

Respuesta :

Otras preguntas

A parallel-plate capacitor has a plate area of 0.3 m2 and a plate separation of 0.1 mm. If the charge on each plate has a magnitude of 5 × 10–6 C then the force

Which one (1) of these statements highlights key differences between the Nativist and Constructivist theories? CT believes that language development is a proces

Which author's writings about children starving in workhouses and debtors serving time in prison awakened middle-class British readers to the need for reform? A

PbSO 4, Pb, and H 2SO 4 are chemicals in a. dry cell b. primary battery c. salt bridge d. automobile battery

Which molecule carries the energy produced during cellular respiration? Glucose carbon dioxide ATP

What is the mean absolute deviation for the set of data below? 2,8,10,16

tecas was one of the least populated areas of New Spain what prevented the spanish from settling texas brainly

Question 9 of 20 : Select the best answer for the question. 9. –2x(–3x 2y)(2y) = ? A. 12x3y2 B. –3xy2 C. 3xy2 D. –12x3y2

what event is depicted in the painting

Read the passage. During the whole of a dull, dark, and soundless day in the autumn of the year, when the clouds hung oppressively low in the heavens, I had

shahzaibnaeem37 shahzaibnaeem37 · Answer 1 · 2019-11-13T11:44:48+01:00

Answer: C)ratio of the change in consumer spending to the change in aggregate disposable income.

The marginal propensity to consume measures what proportion would a person spend on consumption if their disposable income changed.

For eg If a persons disposable income increases by $10,000 and they spend $9000 of it on consumption then their Marginal propensity to consume is 9000/10,000= 9/10= 0.9. This means that they will spend 90% of the change in disposable income on consumption.

Explanation: