If Y = $500 billion, autonomous consumption = $400 billion, and the marginal propensity to save = 0.20, then saving will equal
a. –$300 billion
b. $300 billion
c. $0
d. $80 billion
e. –$80 billion
A
You might also like to view...
The price of ________ in terms of ________ is referred to as the real exchange rate
A) foreign goods; foreign services B) domestic goods; the domestic currency C) domestic goods; foreign goods D) domestic goods; domestic services
Even if all individual demand curves are downwardly sloped, the market demand curve may slope upward
a. True b. False Indicate whether the statement is true or false
If the model 
? satisfies the first four Gauss-Markov assumptions, then v has:
A. ?a zero mean and is correlated with only x1. B. ?a zero mean and is correlated with x1 and x2. C. ?a zero mean and is correlated with only x2. D. a ?zero mean and is uncorrelated with x1 and x2.
Suppose a jar of orange marmalade that is ultimately sold to a customer at The Corner Store is produced by the following production process: Name of CompanyRevenuesCost of Purchased InputsCitrus Growers Inc.$0.750Florida Jam Company$2.00$0.75The Corner Store$2.50$2.00 If the oranges were grown and the jam produced in the year 2017, but the marmalade was sold at The Corner Store in the year 2018, what is the contribution of these transactions to GDP in the year 2018?
A. $2.00 B. $0.00 C. $0.50 D. $2.50