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    Exam 11: Expenditure Multipliers: the Keynesian Model
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    The MPC Is the Fraction of
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The MPC Is the Fraction of

Question 191

Question 191

Multiple Choice

The MPC is the fraction of


A) total disposable income that is consumed.
B) a change in disposable income that is consumed.
C) a change in disposable income that is saved.
D) total disposable income that is not consumed.

Correct Answer:

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