Multiple Choice
If Ben's MPC is .80, this means that he will:
A) spend eight-tenths of any increase in his disposable income.
B) spend eight-tenths of any level of disposable income.
C) break even when his disposable income is $8,000.
D) save eight-tenths of any level of disposable income.
Correct Answer:
Verified
Correct Answer:
Verified
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