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The Consumption and Saving Schedules Reveal That the

Question 87

Multiple Choice

The consumption and saving schedules reveal that the


A) MPC is greater than zero but less than one.
B) MPC and APC are equal at the point where the consumption schedule intersects the 45- degree line.
C) APS is positive at all income levels.
D) MPC is equal to or greater than one at all income levels.

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