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The Marginal Propensity to Consume Is Defined As:
A) $\Delta$ C $\Delta$

Question 5

Question 5

Multiple Choice

The marginal propensity to consume is defined as:

A) $\Delta$ C/ $\Delta$ Y_d.
B) $\Delta$ S/ $\Delta$ Y_d.
C) $\Delta$ Y_d/ $\Delta$ C.
D) $\Delta$ Y_d/ $\Delta$ S.

Correct Answer:

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