Multiple Choice
In Macronesia, the MPC is approximately 0.80.If disposable income changes from 1,000 billion pukas to 1,500 billion pukas, then consumption will change by a(n)
A) decrease of 500 billion pukas.
B) increase of 500 billion pukas.
C) increase of 400 billion pukas.
D) increase of 800 billion pukas.
Correct Answer:
Verified
Correct Answer:
Verified
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