Page 84 - Macroeconomics. book docx_Neat

2. MPC measures total consumption. (False)

3. Saving equals income minus consumption. (True)

4. APC is constant at all income levels. (False)

5. Consumption increases with income. (True)

6. MPC can be greater than 1. (False)

7. Consumption is part of national income measurement. (True)

8. Saving is independent of income. (False)

9. Autonomous consumption exists at zero income. (True)

10. Consumption does not affect economic growth. (False)

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