As your income increases over time, your MPC:
A) will not remain constant.
B) will decrease.
C) will increase.
D) can remain constant or can change.

Name: As your income increases over time, your MPC: A) will not remain constant. B) will decrease. C) will increase. D) can remain constant or can change.
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Question

Quizplus · Accepted Answer

The Marginal Propensity to Consume (MPC) can remain constant or change as income increases, depending on individual preferences and economic conditions.

As Your Income Increases Over Time, Your MPC