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    Economics Study Set 1
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    Exam 21: The Simplest Short-Run Macro Model
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    The Table Below Shows Disposable Income and Desired Consumption for a Closed
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The Table Below Shows Disposable Income and Desired Consumption for a Closed

Question 63

Question 63

Multiple Choice

The table below shows disposable income and desired consumption for a closed economy with no government.
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. 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.

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