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Refer to the Given Consumption Schedules

Question 189

Multiple Choice

Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. The marginal propensity to consume in Economy (1) is A) 0.5. B) 0.3. C) 0.8. D) 0.7. Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars. The marginal propensity to consume in
Economy (1) is


A) 0.5.
B) 0.3.
C) 0.8.
D) 0.7.

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