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Use the Following to Answer Questions

Question 24

Multiple Choice

Use the following to answer questions .
Exhibit: Real GDP and the Multiplier
Use the following to answer questions . Exhibit: Real GDP and the Multiplier -(Exhibit: Real GDP and the Multiplier) What is the value of the marginal propensity to consume? A) 0.5 B) 0.6 C) ⅔ D) 0.75
-(Exhibit: Real GDP and the Multiplier) What is the value of the marginal propensity to consume?


A) 0.5
B) 0.6
C) ⅔
D) 0.75

Correct Answer:

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