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  3. Study Set
    Essentials of Economics Study Set 3
  4. Exam
    Exam 24: The Influence of Monetary and Fiscal Policy on Aggregate Demand
  5. Question
    Scenario 24-1
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Scenario 24-1

Question 185

Question 185

Multiple Choice

Scenario 24-1.Take the following information as given for a small,imaginary economy:
Scenario 24-1.Take the following information as given for a small,imaginary economy:    -Refer to Scenario 24-1.The marginal propensity to consume for this economy is A)  0.650. B)  0.664. C)  0.650 or 0.664,depending on whether income is $10,000 or $11,000. D)  0.800.
-Refer to Scenario 24-1.The marginal propensity to consume for this economy is


A) 0.650.
B) 0.664.
C) 0.650 or 0.664,depending on whether income is $10,000 or $11,000.
D) 0.800.

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