If the Hennige family's marginal propensity to consume is .70,then it will necessarily consume seven-tenths of its total income.

Name: If the Hennige family's marginal propensity to consume is .70,then it will necessarily consume seven-tenths of its total income.
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The marginal propensity to consume (MPC) of 0.70 means that the Hennige family will consume 70% of any additional income, not necessarily 70% of its total income.

If the Hennige Family's Marginal Propensity to Consume Is