Author Question: Marginal propensity to consume is equal to the change in ____ divided by the change in ____. a. ... (Read 97 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
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

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

For a complete list of videos, visit our video library