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    Exam 19: Output and Expenditure in the Short Run
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    If the Marginal Propensity to Consume Is
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If the Marginal Propensity to Consume Is

Question 12

Question 12

Multiple Choice

If the marginal propensity to consume is .75, the marginal propensity to save is


A) .25.
B) 3.
C) 1.
D) .5.

Correct Answer:

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