Multiple Choice
In the saving function S = -a + 1-b(Y) , the term 'b' denotes
A) Saving
B) MPC
C) MPS
D) APS
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Keynes assumed the presence of --------- economy
Q6: Which of the following is not a
Q7: Which of the following factors contribute to
Q8: In a free market economy, self-interested individuals
Q9: The difference between revenue expenditure and revenue
Q11: The difference between total expenditure and total
Q12: Which one of the following economists introduced
Q13: In the equation C = 60 +
Q14: Debt obligations of the government that have
Q15: Which of the following is a union