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When the Marginal Propensity to Consume Is Less Than 1

Question 131

Multiple Choice

When the marginal propensity to consume is less than 1, the


A) average propensity to consume is greater than 1.
B) average propensity to save is greater than 1.
C) marginal propensity to save is negative.
D) marginal propensity to save is positive.

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