If the marginal propensity to consume is 0.85, what change in consumption expenditure would you expect if disposable income increases by $200 million?

Name: If the marginal propensity to consume is 0.85, what change in consumption expenditure would you expect if disposable income increases by $200 million?
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

The Answer of If the marginal propensity to consume is 0.85, what change in consumption expenditure would you expect if disposable income increases by $200 million?

If the Marginal Propensity to Consume Is 0