Multiple Choice
The marginal propensity to consume can be found by dividing
A) Total consumption by total saving.
B) Total consumption by the number of people consuming.
C) The change in total consumption by the change in disposable income.
D) Disposable income by total consumption.
Correct Answer:
Verified
Correct Answer:
Verified
Q27: Given a consumption function of C =
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Q31: Table 9.1 <span class="ql-formula" data-value="\begin{array}
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