If the marginal propensity to consume is greater than zero but less than one, when income rises by $1, consumption will:
A) not be affected.
B) not be affected
C) rise by more than $1
D) rise by more than $1.
E) rise by less than $1
F) rise by less than $1.
G) rise by exactly $1
H) rise by exactly $1.
Correct Answer:
Verified
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