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    Exam 11: Consumption, Real GDP, and the Multiplier
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    Assuming That Yd = $20,000 and C = $22,000, We
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Assuming That Yd = $20,000 and C = $22,000, We

Question 385

Question 385

Multiple Choice

Assuming that Yd = $20,000 and C = $22,000, we would find that the average propensity to save equals


A) 0.9.
B) 1.1.
C) -0.1.
D) -0.8.

Correct Answer:

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