The marginal propensity to consume is given by the change in consumption divided

ID: 1208340 • Letter: T

Question

The marginal propensity to consume is given by

the change in consumption divided by the change in saving.

the change in consumption divided by the change in disposable personal income.

consumption divided by the change in disposable personal income.

consumption divided by disposable income.

The interest rate on a bond is

inversely related to its price.

directly related to its price.

determined by its face value.

determined by the time to maturity.

the change in consumption divided by the change in saving.

the change in consumption divided by the change in disposable personal income.

consumption divided by the change in disposable personal income.

consumption divided by disposable income.

1. the change in consumption divided by the change in disposable personal income

2. inversely related to its price.

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