Author Question: The marginal propensity to consume measures the ratio of the: a. average amount of our disposable ... (Read 156 times)

abc · **on:** Jun 30, 2018

The marginal propensity to consume measures the ratio of the:
a. average amount of our disposable income that we spend.
b. average amount of our savings that we spend.
c. change in consumer spending to a change in money holdings.
d. change in consumer spending to a change in interest rates.
e. change in consumer spending to a change in disposable income.

Question 2

Which of the following is true?
a. The size of the national debt currently is about the same size as it was during World War II.
b. The national debt increases in size whenever the federal government has a surplus budget.
c. The national debt's size decreased steadily after 1980.
d. The current U.S. national debt is over 16.0 trillion.