Multiple Choice
The MPC is equal to the
A) change in consumption expenditure divided by the change in disposable income that brought it about.
B) change in consumption expenditure divided by the total disposable income that brought it about.
C) level of consumption expenditure divided by the level of total disposable income that brought it about.
D) level of consumption divided by the change in disposable income that brought it about.
E) change in disposable income divided by the change in consumption expenditure.
Correct Answer:

Verified
Correct Answer:
Verified
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