The sum of the marginal propensity to save and the marginal propensity to consume Select one: A. always equals 0. B. is greater than zero but less than 1. C. sometimes equals 1. D. always equals 1. O E. never equals 1.

The sum of the marginal propensity to save and the marginal propensity to consume Select one: A. always equals 0. B. is greater than zero but less than 1. C. sometimes equals 1. D. always equals 1. O E. never equals 1.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The sum of the marginal propensity to save and the marginal propensity to consume
Select one:
A. always equals 0.
B. is greater than zero but less than 1.
C. sometimes equals 1.
D. always equals 1.
E. never equals 1.

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