In the absence of a government sector, household consumption expenditure is as follows:

-The marginal propensity to consume is:
A) 0.25.
B) 0.75.
C) 0.20.
D) 0.80.

Question

In the absence of a government sector, household consumption expenditure is as follows:
 
-The marginal propensity to consume is:
A) 0.25. 
B) 0.75. 
C) 0.20. 
D) 0.80.

Quizplus · Accepted Answer

The Answer of In the absence of a government sector, household consumption expenditure is as follows:
 
-The marginal propensity to consume is:
A) 0.25. 
B) 0.75. 
C) 0.20. 
D) 0.80.

In the Absence of a Government Sector, Household Consumption Expenditure