If consumption is $800 when disposable income is $1,000, the marginal propensity to consume (MPC)must be 0.80.
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Q180: The marginal propensity to consume (MPC) is
Q200: Exhibit 8-9 Aggregate expenditures function
Q201: Real disposable income is held constant when
Q203: If autonomous consumption is greater than zero
Q204: The marginal propensity to consume (MPC)is the
Q206: Keynes argued that the economy naturally achieves
Q207: The vertical intercept of the consumption function
Q208: The consumption function has a negative slope.
Q209: Saving is disposable personal income spent on
Q210: Saving is disposable personal income not spent
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