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    Economics USA
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    Exam 17: The Determination of National Output and the Keynesian Multiplier
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    A Marginal Propensity to Save of 0
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A Marginal Propensity to Save of 0

Question 23

Question 23

Multiple Choice

A marginal propensity to save of 0.32 implies that the marginal propensity to consume is


A) 1.32.
B) 0.74.
C) 0.68.
D) 0.36.
E) impossible to calculate unless the change in income is specified.

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