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    Macroeconomics Study Set 24
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    Exam 10: Keynesian Macroeconomics and Economic Instability: a Critique of the Self-Regulating Economy
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    If Income Rises from $1,000 to $1,400 and Consumption Rises
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If Income Rises from $1,000 to $1,400 and Consumption Rises

Question 30

Question 30

Multiple Choice

If income rises from $1,000 to $1,400 and consumption rises from $1,100 to $1,440,the marginal propensity to save (MPS) is


A) 0.15.
B) 0.85.
C) 0.25.
D) 0.20.

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