Multiple Choice
The table below shows disposable income and desired consumption for a closed economy with no government.
TABLE 21-2
-Refer to Table 21-2.The marginal propensity to consume is equal to
A) 0.2.
B) 0.4.
C) 0.6.
D) 0.67.
E) 0.8.
Correct Answer:

Verified
Correct Answer:
Verified
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