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Autonomous Consumption Equals $40 Million

Question 70

Multiple Choice

Autonomous consumption equals $40 million. When disposable income equals $600 million, planned consumption spending equals $440 million. When disposable income equals $900 million, planned consumption spending equals $640 million. What is the marginal propensity to consume?


A) .67
B) .69
C) .72
D) -72

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