Exhibit 8-1 Disposable income and consumption data

In Exhibit 8-1, when disposable income (Y) is increased from $1,000 to $2,000, the marginal propensity to consume is:

Question

Exhibit 8-1 Disposable income and consumption data

In Exhibit 8-1, when disposable income (Y) is increased from $1,000 to $2,000, the marginal propensity to consume is:

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The Answer of Exhibit 8-1 Disposable income and consumption data

In Exhibit 8-1, when disposable income (Y) is increased from $1,000 to $2,000, the marginal propensity to consume is:

Exhibit 8-1 Disposable Income and Consumption Data