If a $1,000 increase in income leads to a $750 increase in consumption expenditures, then the marginal propensity to consume is
A)0.75 and the multiplier is 1 1/3.
B)0.75 and the multiplier is 4.
C)0.25 and the multiplier is 1 1/3.
D)0.25 and the multiplier is 4.

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The Answer of If a $1,000 increase in income leads to a $750 increase in consumption expenditures, then the marginal propensity to consume is
A)0.75 and the multiplier is 1 1/3.
B)0.75 and the multiplier is 4.
C)0.25 and the multiplier is 1 1/3.
D)0.25 and the multiplier is 4.

If a $1,000 Increase in Income Leads to a $750