If consumption is 800 when disposable income is 1,000 . the ...

[biggirl4568]

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

[catron30]

Answer to Question 1

False

Answer to Question 2

False

[biggirl4568]

Thanks for the timely response, appreciate it

[mcarey591]

Excellent