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    Exam 11: The Income-Expenditure Model
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    If the Marginal Propensity to Save Is 0
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If the Marginal Propensity to Save Is 0

Question 94

Question 94

Multiple Choice

If the marginal propensity to save is 0.15, the marginal propensity to consume:


A) is 0.15.
B) is 1.15.
C) is 0.85.
D) cannot be determined by the given information

Correct Answer:

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