13. What is the difference between financial investment and economic investment? a) Financial investment refers to the purchase of assets for financial gain; economic investment refers to the purchase of newly created capital goods. b) Financial investment refers to the purchase of financial assets only; economic investment refers to the purchase of any new or used capital goods. c) Economic investment is adjusted for inflation; financial investment is not. d) Financial investment is adjusted for inflation; economic investment is not. e) There is no difference between the two. 14. The most important determinant of consumption spending and saving is: a) the level of bank credit. b) the price level. c) the level of disposable income d) expectations about the future. e) the size of the family. 15. The marginal propensity to consume MPC can be defined as that fraction of a: a) a change in income that is not spent. b) a change in income that is spent. c) a change in wealth that is spent. d) given total income that is not consumed. e) given total income that is consumed. 16. The marginal propensity to save MPS can be defined as the fraction of a: a) change in income that is not saved. b) change in income that is saved. c) change in wealth that is saved. d) specific level of total income that is not saved. e ) specific level of total income that is saved