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Everything else held constant, if disposable income increases by 200 and consumption expenditure increases by 150, the marginal propensity to consume (mpc) is .. Group
Everything else held constant, if disposable income increases by 200 and consumption expenditure increases by 150, the marginal propensity to consume (mpc) is ..
Group of answer choices
0.5
0.15
0.75
0
A decline in autonomous consumer expenditure causes the aggregate demandto________, the equilibrium level of aggregate output to fall, and the IS curve to shift to the ________, everything else held constant.
Group of answer choices
fall; right
fall; left
rise; right
rise; left
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