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Exhibit 8-1 Disposable Income and Consumption Data

Question 85

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Exhibit 8-1 Disposable income and consumption data
Exhibit 8-1 Disposable income and consumption data In Exhibit 8-1, when disposable income (Y) is increased from $0 to $1,000 to $2,000, the marginal propensity to consume: A) is negative. B) decreases from 0.9 to 0.8. C) decreases from 0.8 to 0.7. D) increases from 0.8 to 0.9.
In Exhibit 8-1, when disposable income (Y) is increased from $0 to $1,000 to $2,000, the marginal propensity to consume:


A) is negative.
B) decreases from 0.9 to 0.8.
C) decreases from 0.8 to 0.7.
D) increases from 0.8 to 0.9.

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