Page 79 - Macroeconomics. book docx_Neat

C. Income

D. Inflation

Answer: B

3. Autonomous consumption is:

A. Zero consumption

B. Consumption dependent on income

C. Consumption when income is zero

D. Saving

Answer: C

4-MPC measures:

A. Average saving

B. Total income

C. Change in saving

D. Change in consumption due to income change

Answer: D

5- APC equals:

A. Y/C

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