Total planned expenditure (equals total output) is 14,000 when autonomous consumption expenditure is 450. When autonomous consumption expenditure falls to 400, total planned expenditure (equals total output) is 13,800.
The marginal propensity to consume is ________. A) 0.89
B) 0.75
C) 0.99
D) 0.44
E) 0.03
Question 2
Household consumption as a percentage of GDP in the United States is
A) less than that in other high-income countries.
B) greater than that in low-income countries.
C) equal to that in middle-income countries.
D) greater than the average for countries around the world.
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
Comparison of energy consumption in developing and industrialized nations
Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012
Possible Sources of Differences in Output per Worker
Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total
Increase in total spending in presidential campaigns, 1976-2020