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    Exam 21: The Simplest Short-Run Macro Model
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    FIGURE 21-2 -Refer to Figure 21-2.What Is the Marginal Propensity to Consume
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FIGURE 21-2 -Refer to Figure 21-2.What Is the Marginal Propensity to Consume

Question 21

Question 21

Multiple Choice

  FIGURE 21-2 -Refer to Figure 21-2.What is the marginal propensity to consume associated with this consumption function? A) 0.5 B) 0.67 C) 1.0 D) -0.5 E) -1.0 FIGURE 21-2
-Refer to Figure 21-2.What is the marginal propensity to consume associated with this consumption function?


A) 0.5
B) 0.67
C) 1.0
D) -0.5
E) -1.0

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