MILLER Question 03: Based on the MPC you calculated above, assume a person has an additional $10 of disposable income, how much of that $10 will go to consumption [select one: $2.00, $4.00, $6.00, or $8.00] and how much of the $10 will be saved [select one: $2.00, $4.00, $6.00, or $8.00]. Hint: together all of your income, Y, will go to either consumption, C, or saving, S \textendash{} we have: $Y = C + S$.
MILLER Question 04: If we enter a recession and the stock market loses value and house prices fall \textendash{} both assets you might own, then the whole consumption line in the graph above may shift [select one: up or down] signifying [select one: an increase or a decrease] in consumption.
MILLER Question 05: [True or False ]. A company purchasing new office furniture, a corporate spending of $2 million on software development, an automobile company adding 1,000 new cars to inventory, and a family building a private residential home are all examples of investment spending.
