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- Rosencrantz's base pay last year was $50,000 and he spent $48,000, thus saving $2,000. At the end of the year, he received a bonus of $2,000 and he spent $200 of it, saving the other $1,800. What is his marginal propensity to consume? #241
- The fraction of additional current income that a person consumes in the current period is known as the #242
- An increase in expected future output while holding today's output constant would #243
- Average labor productivity is the #244
- A decrease in the economy's expected future income while holding today's income constant would #245
- In forecasting consumer spending using surveys of consumer confidence, research suggests that #246
- When a person receives an increase in wealth, what is likely to happen to consumption and saving? #247
- Which of the following transactions would not be included in the current account of the home country? #248
- Net exports of goods are known as #249
- If a country's exports of goods exceed its imports of goods, it has a #250