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    The Nation Has Its Own MPC
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The Nation Has Its Own MPC

Question 60

Question 60

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:

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