Author Question: If the marginal propensity to consume is 0.60, the marginal propensity to save will be: a. greater ... (Read 109 times)

erika

  • Hero Member
  • *****
  • Posts: 522
If the marginal propensity to consume is 0.60, the marginal propensity to save will be:
 a. greater than 0.60.
  b. equal to 0.40.
 c. equal to 0.60.
 d. equal to 0.

Question 2

Automatic stabilizers act to moderate business cycles primarily through the personal income and consumption channels.
 a. True
  b. False
  Indicate whether the statement is true or false



14vl19

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

b

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library