Answer to Question #319370 in Macroeconomics for KGAO

Question #319370

In the aggregate expenditures model, the size of the marginal propensity to consume (MPC) is assumed to always be…

a. equal to infinity.

b. zero.

c. greater than ten.

d. an amount greater than zero, but less than one.

e. an amount greater than ten, but more than zero.

Expert's answer

d

Learn more about our help with Assignments: Macroeconomics

No comments. Be the first!

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…