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    Macroeconomics Study Set 12
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    Exam 9: Aggregate Expenditure and Output in the Short Run
  5. Question
    The Marginal Propensity to Consume Is the Ratio of Consumption
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The Marginal Propensity to Consume Is the Ratio of Consumption

Question 89

Question 89

True/False

The marginal propensity to consume is the ratio of consumption to disposable income.

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