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Author Question: If the marginal propensity to consume is 0.60, the marginal propensity to save will be: a. greater ... (Read 86 times)

erika

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on: Jun 30, 2018
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
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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


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