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    Exam 7: Keynesian Economics and Related Concepts
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    When Disposable Income Rises from Rs 500 to Rs 600
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When Disposable Income Rises from Rs 500 to Rs 600

Question 13

Question 13

Multiple Choice

When disposable income rises from Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equal to


A) 900
B) 100
C) 0.9
D) 1

Correct Answer:

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