If the Marginal Propensity to Save Is 0

question 109

Multiple Choice

If the marginal propensity to save is 0.1,then a $10 million decrease in disposable income will

• A)increase consumption by $9 million.
• B)increase consumption by $1 million.
• C)decrease consumption by $9 million.
• D)decrease consumption by $1 million.

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Definitions:

ActionStateChanged

An event listener in Java programming that responds to changes in the state of an action or component.

JList

A Swing component in Java that allows users to select one or more objects from a list of objects displayed within a scrolling panel.

NoSuchElementsException

An exception thrown when an attempt is made to access an element that does not exist, commonly encountered in iterators.

NullPointerException

An exception thrown in Java when an application attempts to use null in a case where an object is required.