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    Exam 20: The Is Curve
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    Assume That Autonomous Consumption Equals $200 and Disposable Income Equals
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Assume That Autonomous Consumption Equals $200 and Disposable Income Equals

Question 73

Question 73

Multiple Choice

Assume that autonomous consumption equals $200 and disposable income equals $1,000. If total consumption equal $800,then the mpc equals


A) 0.2.
B) 0.6.
C) 0.8.
D) 1.0.

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