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  3. Study Set
    Foundations of Macroeconomics Study Set 1
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    Exam 14: Aggregate Expenditure Multiplier
  5. Question
    Based on Data from the U
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Based on Data from the U

Question 254

Question 254

Multiple Choice

Based on data from the U.S.economy, the marginal propensity to consume is about


A) 0.87.
B) 0.75.
C) 0.60.
D) 0.95.
E) 1.10.

Correct Answer:

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