Declining marginal propensity to consume means
A) as income increases, spending increases proportionately.
B) as income increases, a smaller percentage is spent on consumer goods.
C) as income increases, a larger percentage is spent on consumer goods.
D) as income decreases, spending remains constant as a percentage of income.
A
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A(n) __________ is a formal document naming the accused and specifying the charges
a. indictment b. arrest warrant c. proceedings d. arraignment
Basing this year's spending on last year's is called _____
Fill in the blank(s) with correct word
The primary instrument by which the federal government manages fiscal policy is the _________
A) Federal Reserve Bank B) Brookings Institute C) issuance of executive orders D) federal budget E) cap and trade initiative
How do unclear objectives affect implementation?
What will be an ideal response?