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The Following Question Are Based on the Following Information for a Society

Question 22

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The following question are based on the following information for a society:
The following question are based on the following information for a society:    -If disposable income increases from $1,900 to $2,000 billion,the marginal propensity to consume is A)  0.8. B)  0.84. C)  0.92. D)  1.0. E)  1.08.
-If disposable income increases from $1,900 to $2,000 billion,the marginal propensity to consume is


A) 0.8.
B) 0.84.
C) 0.92.
D) 1.0.
E) 1.08.

Correct Answer:

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