2. The marginal propensity to consume measures the a. increase in consumer spending when disposable income rises
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2. The marginal propensity to consume measures the
a. increase in consumer spending when disposable income rises by $1.
b. increase in consumer spending when investment spending rises by $1.
c. increase in consumer spending when taxes rise by $1.
d. increase in disposable income when consumer spending rises by $1.
e. increase in disposable income when investment spending rises by $1.
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