QUESTION 6 Define Balance Budget DA How much more we spend than what we bring in, B. How much we are below our deficit per year c. When the government spends as much money as it generates in revenue D. How much debt we have total QUESTION 7 The marginal propensity to consume (MPC) is defined as the fraction of: CA extra income that a household consumes rather than saves. B. extra income that a household either consumes or saves. total income that a household consumes rather than saves Do total income that a household either consumes or saves
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