Refer to the information provided in Figure 34.1 below to answer the question(s) that follow. Figure 34.1
-Refer to Figure 34.1. The ________ in this economy is 0.8.

Name: Refer to the information provided in Figure 34.1 below to answer the question(s) that follow. Figure 34.1 -Refer to Figure 34.1. The ________ in this economy is 0.8.
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Question

Refer to the information provided in Figure 34.1 below to answer the question(s) that follow.  Figure 34.1
-Refer to Figure 34.1. The ________ in this economy is 0.8.

Quizplus · Accepted Answer

The slope of the consumption function (which is the line in the graph) is the MPC. In this case, the slope is 0.8, so the answer is B.

Refer to the Information Provided in Figure 34