The fraction of change in income that is consumed or spend is called ?
A. the marginal propensity of expenditure
B. the marginal propensity to save
C. the average propensity to consume
D. the marginal propensity to consume
A. the marginal propensity of expenditure
B. the marginal propensity to save
C. the average propensity to consume
D. the marginal propensity to consume
A. 10
B. 2
C. no more than 1
D. 20
A. is not sufficiently stimulating or contracting the economy at any time
B. is effective
C. is stimulating or contracting the economy at the wrong times
D. is desirable
A. reschedule debt
B. get a loan from an international organization
C. default on the loan
D. any of the above
A. improved DNA technology
B. findings of incompetent counsel
C. indications that prosecutors or police withheld information
D. all of the above
A. efficient
B. progressive
C. regressive
D. proportional
A. European Currency System (ECS)
B. European Monetary Mechanism (EMM)
C. Common Monetary System (CMS)
D. European Monetary Fund (EMF)