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    Exam 10: Economic Concepts and Theories
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    Which One of the Following Is Not Correct
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Which One of the Following Is Not Correct

Question 20

Question 20

Multiple Choice

Which one of the following is not correct:


A) MPC declines as income increases
B) MPC is positive but less than one
C) MPS is always positive
D) MPS declines as income increases

Correct Answer:

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