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FILL IN THE BLANIC Please add the appropriate word or words to complete the sentences 1 Marginal propenalty to consume ie the change to divided

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FILL IN THE BLANIC Please add the appropriate word or words to complete the sentences 1 Marginal propenalty to consume ie the change to divided by the change to depoeable tocome 2 Marginal propenalty to de the changein saving divided by the change in disposable tocome. 3. Consumption and saving are related to disposable income ED, thelower the mpc the thempe 4 All multiplere perform basically the same function; they focrease some act by acertain number of tolee 5. The expenditure multiplier is the proportion between the secondary change to and the bodtial change in ag- gregate demand. The expenditure multipler has a(o) relationship with mpc. This meso: the expenditure multipler docressee as the savings of to dividuale - 7. The part of total consumption expenditure that is of depoeable docome de known a: Suton DO1DUE CO08 1010- B. Theconsumption functionis an equation that shows the relationship between real consumption expenditures and Locoone 9. Theplanned expenditure schedul e is a graphic illustration of the level of planned that correspond with a par- thuar level of domestic tocome. 10. The components of the planned expenditure schedule are consumption, . government purchases, and ex- porte These are the same components of autregate - 11 The tocome-product schedul e de used as a poLot of to determine changes toP , and make forecast: about fu- ture areote 12 The determinant : that change P. are slowler to the deteroudoante that ALL 13. Movements along the P, may return the economy to the rate of output to dosea short run tap- 14 If buyers spend more on goods and services than what firms planned we expectto see a(o) to firm produc- tio; the will cause arightward movement the F. schedule 15. Autonomous taxes are taxes that are of tocome such as sales tax

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