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    Exam 21: The Simplest Short-Run Macro Model
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    Desired Consumption Divided by Disposable Income Is Called the
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Desired Consumption Divided by Disposable Income Is Called the

Question 57

Question 57

Multiple Choice

Desired consumption divided by disposable income is called the


A) average propensity to consume.
B) average propensity to save.
C) average propensity to spend.
D) marginal propensity to save.
E) total propensity to save.

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