-According to the above table, the marginal propensity to consume is
A) 0.6.
B) 0.5.
C) 0.75.
D) 0.8.
Correct Answer:
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Q62: Q63: When a family's income is low and Q64: In the graph for the consumption function, Q65: If consumption spending is greater than disposable Q66: The consumption function shows how much Q68: According to the above table, the marginal Q69: At the break-even point for the consumption Q70: If saving equals $100 when real disposable Q71: According to the permanent income hypothesis, a Q72: Suppose when real disposable income is $5000,
A) households
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