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    Principles of Macroeconomics Study Set 13
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    Exam 13: Consumption and the Aggregate Expenditures Model
  5. Question
    Table 13-3 All Figures in Billions of Base-Year Dollars
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Table 13-3 All Figures in Billions of Base-Year Dollars

Question 90

Question 90

Multiple Choice

Table 13-3
All figures in billions of base-year dollars
Table 13-3 All figures in billions of base-year dollars    -Refer to Table 13-3. What is the value of the marginal propensity to consume? A)  0.5 B)  0.6 C)  ⅔ D)  0.75
-Refer to Table 13-3. What is the value of the marginal propensity to consume?


A) 0.5
B) 0.6
C) ⅔
D) 0.75

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