Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The increase in aggregate planned expenditures divided by the change in national income that brought it about is called the Question 7 options: marginal propensity
The increase in aggregate planned expenditures divided by the change in national income that brought it about is called the Question 7 options: marginal propensity to spend. marginal propensity to consume. average propensity to save. average propensity to consume. marginal propensity to save
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started