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Question 105

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Use the following to answer questions .
Exhibit: Aggregate Expenditures Curve
Figure 13-6 Use the following to answer questions . Exhibit: Aggregate Expenditures Curve Figure 13-6 -(Exhibit: Aggregate Expenditures Curve) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, I<sub>P</sub> = Planned Investment, G = Government Purchases. Further, I<sub>P</sub> and G are autonomous. What is the marginal propensity to consume? A) 0.25 B) 0.5 C) 1.0 D) 2
-(Exhibit: Aggregate Expenditures Curve) Let Y = real GDP, AE = Aggregate Expenditures, C = Consumption, IP = Planned Investment, G = Government Purchases. Further, IP and G are autonomous. What is the marginal propensity to consume?


A) 0.25
B) 0.5
C) 1.0
D) 2

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