The Sum of the Marginal Propensity to Consume (MPC) and the Marginal

question 10

Multiple Choice

The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals:

• A) 1.
• B) 0.
• C) the interest rate.
• D) the marginal propensity to invest (MPI).

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Definitions:

America

Often used to refer to the United States, a country consisting of 50 states, a federal district, five major self-governing territories, and various possessions.

Protest

A public demonstration of objection, disapproval, or dissent towards an idea or action, often involving gatherings, marches, or rallies.

1830

The year marked by significant global events, including revolutions in Europe advocating for more democratic governments and the start of the French colonization of Algeria.