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    Exam 11: Expenditure Multipliers: They Keynesian Model
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    -Based Upon the Above Table, the MPC for the Consumption
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-Based Upon the Above Table, the MPC for the Consumption

Question 312

Question 312

Multiple Choice

  -Based upon the above table, the MPC for the consumption function is A)  increasing as income rises. B)  equal to 1.0 at $600 billion. C)  constant at 0.25. D)  constant at 0.75.
-Based upon the above table, the MPC for the consumption function is


A) increasing as income rises.
B) equal to 1.0 at $600 billion.
C) constant at 0.25.
D) constant at 0.75.

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