Author Question: Marginal propensity to consume is equal to the change in ____ divided by the change in ____. a. ... (Read 49 times)

mrsjacobs44

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Marginal propensity to consume is equal to the change in ____ divided by the change in ____.
 a. consumption spending; total income
 b. saving; total income
 c. saving; disposable income
 d. consumption spending; disposable income

Question 2

Most industrial countries have adopted the regressive tax system.
 a. True
  b. False
  Indicate whether the statement is true or false



Jody Vaughn

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Answer to Question 1

d

Answer to Question 2

False



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