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Exhibit 8-11 Consumption Function in Exhibit 8-11, the Value

Question 65

Multiple Choice

Exhibit 8-11 Consumption function In Exhibit 8-11, the value of the marginal propensity to consume is:

A) high for C' than for C.
B) lower for C" than for C.
C) lower for C" than for C'.
D) the same for C, C', and C".

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