The Smaller the Marginal Propensity to Save,other Things Constant,_____

question 136

Multiple Choice

The smaller the marginal propensity to save,other things constant,_____.

• A)the smaller the marginal propensity to consume
• B)the smaller the multiplier
• C)the flatter the consumption function
• D)the steeper the consumption function
• E)the steeper the saving function

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Definitions:

Physical Units

This refers to the measurement of inventory or production output in tangible, countable units, as opposed to value-based or financial measures.