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Chapter 8 Aggregate Expenditure and Equilibrium Ou ECON212 1
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Financial Planning and Insurance St.udy Gu.ide FINANCE390 1
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Exam (elaborations) Chapter 8 Aggregate Expenditure and Equilibrium Output (ECON212) 
8.1	On Keynesian Onory of Consumption 
1	Multiple Choice 
1)	On MPC is 
A)	On change in consumption divided by On change in income. 
B)	consumption divided by income. 
C)	On change in consumption divided by On change in saving. 
D)	On change in saving divided by On change in income. Answer: A 
Diff: 1 
Topic:	On	Keynesian	Onory	of Consumption Skill: Definition 
 
2)	On MPS is 
A)	On change in saving divided by...
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Rutgers - The State University of New Jersey•Chapter 8 Aggregate Expenditure and Equilibrium Ou