Marginal propensity to consume is equal to the change in ____ ...

[mrsjacobs44]

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]

Answer to Question 1

d

Answer to Question 2

False