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If Autonomous Consumption Rises by $60 And,as a Result,Real GDP

Question 20

Multiple Choice

If autonomous consumption rises by $60 and,as a result,Real GDP rises by $240,then the marginal propensity to consume is

A) 0.25.
B) 0.75.
C) 0.05.
D) 0.95.
E) none of the above

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