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    Exam 11: Expenditure Multipliers
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    When Disposal Income Is $5
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When Disposal Income Is $5

Question 355

Question 355

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When disposal income is $5.0 trillion, consumption expenditure is $4.5 trillion. When disposal income is $6.0 trillion, consumption expenditure is $5.0 trillion. What is the marginal propensity to consume?

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The marginal propensity to consume is th...

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