Author Question: The marginal propensity to save is: a. the change in saving divided by the change in disposable ... (Read 76 times)

torybrooks · **on:** Jun 30, 2018

The marginal propensity to save is:
a. the change in saving divided by the change in disposable income.
b. the change in disposable income divided by the change in saving.
c. saving divided by disposable income.
d. disposable income divided by saving.
e. saving divided by consumption.

Question 2

The national debt is unlikely to cause national bankruptcy because the:
a. national debt can be refinanced by issuing new bonds.
b. interest on the public debt equals GDP.
c. national debt cannot be shifted to future generations for repayment.
d. federal government cannot refinance the outstanding national debt.