Author Question: The marginal propensity to consume equals A) consumption expenditure divided by the change in ... (Read 94 times)

go.lag · **on:** Jun 29, 2018

The marginal propensity to consume equals

A) consumption expenditure divided by the change in disposable income.
B) the change in consumption expenditure divided by disposable income.
C) the change in consumption expenditure divided by the change in disposable income.
D) consumption expenditure divided by disposable income.
E) the change in autonomous consumption divided by the change in induced consumption.

Question 2

The primary purpose of the FDIC is to reduce the potential for

A) reserve cheating. B) government regulations.
C) excessive interest rates. D) bank runs.