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Author Question: If consumption is 800 when disposable income is 1,000 . the marginal propensity to consume (MPC) ... (Read 73 times)

biggirl4568

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on: Jun 30, 2018
If consumption is 800 when disposable income is 1,000 . the marginal propensity to consume (MPC) must be 0.80.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An increase in fiscal deficit spending financed by borrowing will not affect the national debt but decrease interest rates.
 a. True
  b. False
  Indicate whether the statement is true or false


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catron30

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


biggirl4568

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

amcvicar

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Reply 3 on: Yesterday
Excellent

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