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    Exam 12: Aggregate Expenditure Multiplier
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    What Is the Value of the MPC If $66 Out
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What Is the Value of the MPC If $66 Out

Question 14

Question 14

Multiple Choice

What is the value of the MPC if $66 out of every $100 increase in disposable income is consumed?


A) 0.34
B) $166
C) $34
D) 0.66
E) More information is needed to determine the MPC.

Correct Answer:

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