Multiple Choice
Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.
-Refer to the above data.The marginal propensity to consume in economy (1) :
A) is .5.
B) is .3.
C) is .8.
D) is .7.
Correct Answer:

Verified
Correct Answer:
Verified
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