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Given That Autonomous Consumption Equals $1,000,disposable Income Equals $20,000,and the MPC

Question 28

Multiple Choice

Given that autonomous consumption equals $1,000,disposable income equals $20,000,and the MPC equals 0.80,the level of

A) Saving equals $4,000.
B) Saving equals $19,000.
C) Consumption equals $17,000.
D) Consumption equals $16,000.

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