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If Disposable Income Increases from $250 to $300 and Saving

Question 234

Multiple Choice

If disposable income increases from $250 to $300 and saving increases from $40 to $50, how much is the average propensity to save when disposable income is $300?


A) 0.10
B) 0.133
C) 0.167
D) 0.2

Correct Answer:

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