Multiple Choice
Table 9.2
-Refer to Table 9.2, which shows the values of different components of aggregate expenditure of an economy. The marginal propensity to consume (MPC) equals _____
A) 0.20 or 1/5.
B) 0.40 or 2/5.
C) 0.80 or 4/5.
D) 0.90 or 9/10.
E) 0.60 or 3/5.
Correct Answer:

Verified
Correct Answer:
Verified
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