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Exhibit 8-4 Disposable Income and Consumption Data

Question 88

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Exhibit 8-4 Disposable income and consumption data
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 $400 billion, the marginal propensity to consume (MPC) is: A) 0.00. B) 0.25. C) 0.75. D) 1.00.    
Note: All amounts are in billions of dollars per year. As shown in Exhibit 8-4, if disposable income is $400 billion, the marginal propensity to consume (MPC) is:


A) 0.00.
B) 0.25.
C) 0.75.
D) 1.00.

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