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Assume That in a Particular Economy the MPC = 0

Question 130

Multiple Choice

Assume that in a particular economy the MPC = 0.64 and the MPM = 0.14.
-Refer to the above graph to answer this question.What is the value of the MPE in this economy?


A) 0.25.
B) 0.33.
C) 0.5.
D) 0.67.
E) 1.

Correct Answer:

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