Multiple Choice
The nation has its own MPC. When disposable income increases from $300 billion to $400 billion, national consumption increases from $300 billion to $360 billion. At Y = $400 billion, the MPC is:
A) 0.2.
B) 0.5.
C) 0.6.
D) 0.67.
Correct Answer:

Verified
Correct Answer:
Verified
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