The larger the marginal propensity to consume
A) the smaller the multiplier is.
B) the larger the multiplier is.
C) the smaller autonomous consumption is.
D) the larger the marginal propensity to save is.
B
You might also like to view...
The long-run supply curve of a firm is:
A) its marginal cost curve. B) its average total cost curve. C) the portion of its marginal cost curve that lies above its average total cost curve. D) the portion of its marginal cost curve that lies below its average total cost curve.
Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD3 the result in the long run would be:
A. P2 and Y2. B. P1 and Y2. C. P4 and Y2. D. P1 and Y1.
Referring to Figure 18.2, Mexican goods will become more expensive in the United States if the exchange rate goes from ________ to ________ pesos to the dollar.
A. 12; 11 B. 12; 13 C. 11; 13 D. 10; 13
Recall the Application about a South African consumer lender that offered different interest rates in loan offers via mass mailings to answer the following question(s).According to the Application, the number of men who accepted a particular loan offer from the mass mailings ________ when the offer letter included the picture of a ________.
A. increased; man rather than the picture of a woman B. increased; woman rather than the picture of a man C. decreased; either a man or a woman D. was unaffected; either a man or a woman