Multiple Choice
Exhibit 8-2 Consumption function
As shown in Exhibit 8-2, the marginal propensity to consume (MPC) is:
A) 0.25.
B) 0.50.
C) 0.75.
D) 0.90.
Correct Answer:
Verified
Related Questions
Exhibit 8-2 Consumption function
As shown in Exhibit 8-2, the marginal propensity to consume (MPC) is:
A) 0.25.
B) 0.50.
C) 0.75.
D) 0.90.
Correct Answer:
Verified