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-Based Upon the Above Table, the MPC for the Consumption

Question 342

Multiple Choice

-Based upon the above table, the MPC for the consumption function is A) increasing as income rises. B) equal to 1.0 at $600 billion. C) constant at 0.75. D) constant at 0.25.
-Based upon the above table, the MPC for the consumption function is


A) increasing as income rises.
B) equal to 1.0 at $600 billion.
C) constant at 0.75.
D) constant at 0.25.

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