Consider the following data. What is the marginal propensity to consume? $$\begin{array} { | c | c | }
\hline \begin{array} { c }
\text { Aggregate } \
\text { Expenditure } \
\text { (trillions of \$) }
\end{array} & \begin{array} { c }
\text { Real GDP } \
\text { (trillions of \$) }
\end{array} \
\hline 5.9 & 5 \
\hline 6.6 & 6 \
\hline 7.3 & 7 \
\hline 8.0 & 8 \
\hline 8.7 & 9 \
\hline
\end{array}$$
A)0.8
B)0.7
C)0.9
D)0.3

Question

Consider the following data. What is the marginal propensity to consume? $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Aggregate } \
\text { Expenditure } \
\text { (trillions of \$) }
\end{array} & \begin{array} { c } 
\text { Real GDP } \
\text { (trillions of \$) }
\end{array} \
\hline 5.9 & 5 \
\hline 6.6 & 6 \
\hline 7.3 & 7 \
\hline 8.0 & 8 \
\hline 8.7 & 9 \
\hline
\end{array}$$
A)0.8
B)0.7
C)0.9
D)0.3

Quizplus · Accepted Answer

The Answer of Consider the following data. What is the marginal propensity to consume? $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Aggregate } \
\text { Expenditure } \
\text { (trillions of \$) }
\end{array} & \begin{array} { c } 
\text { Real GDP } \
\text { (trillions of \$) }
\end{array} \
\hline 5.9 & 5 \
\hline 6.6 & 6 \
\hline 7.3 & 7 \
\hline 8.0 & 8 \
\hline 8.7 & 9 \
\hline
\end{array}$$
A)0.8
B)0.7
C)0.9
D)0.3

Consider the Following Data A)08 B)0

Consider the Following Data A)08
B)0