An Increase in the Marginal Propensity to Consume Is Most

question 43

Multiple Choice

An increase in the marginal propensity to consume is most accurately thought of as

• A) a rightward shift of the IS curve.
• B) an increase in the interest sensitivity of the goods market.
• C) a decrease in the interest sensitivity of the goods market.
• D) both a and c.
• E) both a and b.

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Definitions:

Majority Vote

A decision-making process where more than half of the votes cast by members eligible to vote are needed to pass a resolution or make a decision.

Unanimous Vote

A voting result in which all participants agree and vote the same way on a particular issue or election, showing total agreement.

Proceeds

Whatever is received on the sale, exchange, collection, or other disposition of collateral.

Distributing

The process of allocating or dispersing items, assets, or resources from a central point to multiple recipients.