In Our Simple Macro Model with Government and Foreign Trade,the

question 73

Multiple Choice

In our simple macro model with government and foreign trade,the marginal propensity to consume out of disposable income is ________ whereas the marginal propensity to consume out of national income is ________.

• A)MPC; MPC(1 - t)
• B)MPC(1 - t); MPC
• C)MPC(1 - t)- m; MPC(1 - t)
• D)MPC; MPC(1 - t)- m
• E)MPC(1 - t); MPC(1 - t)- m