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Current Estimates of the Marginal Propensity to Consume Out of Wealth

Question 52

Multiple Choice

Current estimates of the marginal propensity to consume out of wealth are in the neighborhood of ________.

A) three and one-half cents per dollar of wealth
B) 45 cents per dollar of wealth
C) 98 cents per dollar of wealth
D) $4.87 per dollar of wealth

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