Multiple Choice
Suppose disposable income increases from $11 trillion to $12 trillion.At the same time,consumption expenditure increases from $4.2 trillion to ________.Thus the MPC must equal ________.
A) $5.0 trillion; 0.50
B) $5.0 trillion; 0.80
C) $4.4 trillion; 0.40
D) $5.5 trillion; 0.50
Correct Answer:
Verified
Correct Answer:
Verified
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