A group of 10 people includes 3 retirees, 2 part-time workers, 2 discouraged workers, 1 unemployed worker, and 2 full-time workers.The unemployment rate is _____%.

A.10

B.30

C.20

D.50

The marginal propensity to consume is:

A.increasing if the marginal propensity to save is increasing.

B.the proportion of total disposable income that the average family saves.

C.the change in consumer spending divided by the change in aggregate disposable income.

D.the change in consumer spending minus the change in aggregate disposable income.

Suppose the marginal propensity to consume changes from 0.75 to 0.9. How will this affect the consumption function?

A.The slope will get steeper.

B.Autonomous consumption will increase.

C.The function will shift downward.

D.The slope will get steeper and autonomous consumption will increase.

The marginal propensity to consume is:

Consumption per period (trillions of dollars) Consumption 5 4 2 1 2 3 4 5 6 7 8 9 10 Real GDP per period = disposable personal income per period (trillions of dollars)