If your disposable personal income increases from $40,000 to $48,000 and your consumption increases from $35,000 to $39,000, your marginal propensity to consume (MPC)is:
A)0.20.
B)0.40.
C)0.50.
D)0.80.
E)1.00.

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The Answer of If your disposable personal income increases from $40,000 to $48,000 and your consumption increases from $35,000 to $39,000, your marginal propensity to consume (MPC)is:
A)0.20.
B)0.40.
C)0.50.
D)0.80.
E)1.00.

If Your Disposable Personal Income Increases from $40,000 to $48,000