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The Portion of Additional Income That Is Spent on Consumption

Question 66

Multiple Choice

The portion of additional income that is spent on consumption is


A) average propensity to consume (APC) .
B) marginal propensity to consume (MPC) .
C) marginal propensity to save (MPS) .
D) average propensity to save (APS) .
E) 1 minus marginal propensity to consume

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