Multiple Choice
When disposable income increases from $9 trillion to $10 trillion, consumption expenditure increases from $6 trillion to $6.8 trillion.The MPC is
A) 1.00.
B) 0.80.
C) 0.60.
D) 0.68.
E) $6.8 trillion.
Correct Answer:
Verified
Correct Answer:
Verified
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