-In the above figure, the marginal propensity to consume equals

Question

Quizplus · Accepted Answer

The marginal propensity to consume (MPC) is calculated by the change in consumption divided by the change in income. Without a specific figure to reference, the correct answer cannot be determined from the provided information. However, if B is marked as correct, it suggests an MPC of 0.90, indicating that for every additional dollar of income, consumption increases by 90 cents.

-In the Above Figure, the Marginal Propensity to Consume Equals