The marginal propensity to consume measures the change in consumption divided by the change in income.
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Q49: An increase in the MPC will cause
Q50: If income increases by $100 and consumption
Q51: The MPC plus the MPS equals
A)0.5
B)the multiplier
C)the
Q52: If income increases by $100 and the
Q53: Suppose that when disposable income rises from
Q55: The slope of the consumption function equals
Q56: The marginal propensity to consume is defined
Q57: The fraction of an increase in income
Q58: If the marginal propensity to consume is
Q59: If income increases by $100 and the
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