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COURSES > BA121 > CONTROL PANEL > POOL MANAGER > POOL CANVASPool CanvasAdd, modify, and remove questions. Select a question type from the Add Question drop-down list and click Goto add questions. Use CreationSettings to establish which default options, such as feedback and images, are available for question creation.AddCreation Settings NameTestBanks Chapter 16 ConsumptionDescriptionInstructionsAdd Question HereMultiple Choice1 pointsQuestionThe consumption decisions of individuals are not important for the:Answerdetermination of the steady-state capital stock.determination of fiscal-policy multipliers.determination of aggregate demand.determination of sticky prices.
Add Question HereMultiple Choice1 pointsQuestionThe marginal propensity to consume is the:
Add Question HereMultiple Choice1 pointsQuestionThe average propensity to consume is the:
Add Question HereMultiple Choice1 pointsQuestionJohn Maynard Keynes believed that the marginal propensity to consume:
Add Question HereMultiple Choice1 pointsQuestionJohn Maynard Keynes believed that the average propensity to consume:Answerwas constant.increased as income increased.decreased as income increased.was less than the marginal propensity to consume.
Add Question HereMultiple Choice1 pointsPool Canvasfolder (16)/CourseComp...1 of 2212/8/2012 11:44 uni0645
QuestionJohn Maynard Keynes believed that:
Add Question HereMultiple Choice1 pointsQuestionIf the Keynesian consumption function is written as then the average propensity to consume is:Answerc.Add Question HereMultiple Choice1 pointsQuestionIf an example of a Keynesian consumption function is C= 2,000 + 0.8Y, and Yis 30,000, then the average propensityto consume is about:
Add Question HereMultiple Choice1 pointsQuestionThe Keynesian consumption function exhibits all of the following properties except that:

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