Use the table below to answer the following question. What is the marginal propensity to consume?
A) 0.33.
B) 0.67.
C) 0.96.
D) 1.5.
Correct Answer:
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Q5: Mathematically, the marginal propensity to consume is
A)
Q45: The sum of the marginal propensity to
Q94: The change in consumption divided by a
Q95: If your disposable income increases from $30,000
Q96: If your disposable personal income increases from
Q97: Exhibit 8-1 Disposable income and consumption data
Q98: The change in consumption divided by a
Q102: If the marginal propensity to consume =
Q103: As shown in Exhibit 8-2, dissaving occurs:
A)at
Q104: Exhibit 8-2 Consumption function
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