The marginal propensity to consume is
A) disposable income divided by consumption.
B) the change in consumption divided by the change in disposable income.
C) consumption divided by disposable income.
D) the change in disposable income divided by the change in consumption.
Correct Answer:
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Q89: The numerical value of the MPC is
Q90: "Men are disposed, as a rule, and
Q91: Figure 8-1 Q92: The nation's disposable income increases by $400 Q93: The slope of the scatter diagram representing Q95: The change in consumption divided by the Q96: Economists expect the relationship between consumption and Q97: The difference between disposable income and consumption Q98: If DI falls by $100 billion, and Q99: The marginal propensity to consume (MPC) is
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