What is the marginal propensity to consume?
A) It is the decrease in disposable income that occurs as a result of an increase in consumption.
B) It is the increase in disposable income that occurs as a result of an increase in consumption.
C) It is the decrease in consumption that occurs as a result of an increase in disposable income.
D) It is the increase in consumption that occurs as a result of an increase in disposable income.
Correct Answer:
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