Unformatted text preview: C C) + I + G + X - IM C D) + I + G + X C 17) hich of the following represents total saving for an economy? W A) he sum of private saving and consumption t B) he sum of taxes and government spending t C) he excess of taxes over government spending t D) he sum of private saving and fixed investment t E) one of the above n 18) hich of the following types of government spending is included when calculating GDP? W A) pending at the federal level s B) pending at the municipal level s C) pending at the state level s D) ll of the above a E) nly A and B o 19) n increase in the marginal propensity to save from .3 to .4 will cause: A A) he ZZ line to become steeper and a given change in autonomous consumption (c0) to have t a smaller effect on output. B) he ZZ line to become flatter and a given change in autonomous consumption (c0)) to have t a smaller effect on output. C...
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- Spring '08
- marginal propensity, autonomous consumption, ZZ line