Multiple Choice
Tessa's break-even income is $10,000, and her MPC is 0.75. If her actual disposable income is $16,000, her level of
A) consumption spending will be $14,500.
B) consumption spending will be $15,500.
C) consumption spending will be $13,000.
D) saving will be $2,500.
Correct Answer:
Verified
Correct Answer:
Verified
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