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The Marginal Propensity to Consume Is

Question 34

Multiple Choice

The marginal propensity to consume is


A) consumption divided by disposable income
B) national income divided by consumption
C) the change in national income caused by a $1 change in consumption
D) the change in consumption caused by a $1 change in disposable income
E) the percentage increase in consumption caused by a 1% decrease in savings

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