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If Your Disposable Personal Income Increases from $30 000 to $40

Question 87

Multiple Choice

If your disposable personal income increases from $30 000 to $40 000 and your savings increase from $2000 to $4000, your marginal propensity to save (MPS) is:


A) 0.2.
B) 0.4.
C) 0.5.
D) 0.8.

Correct Answer:

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