Multiple Choice
Exhibit 8-4 Disposable income and consumption data
Note: All amounts are in billions of dollars per year. As shown in Exhibit 8-4, if disposable income is $100 billion, the marginal propensity to consume (MPC) is:
A) 0.00.
B) 0.25.
C) 0.75.
D) 1.00.
Correct Answer:

Verified
Correct Answer:
Verified
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