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If Income Grows from $3,000 Per Month to $3,500 Per

Question 230

Multiple Choice

If income grows from $3,000 per month to $3,500 per month and savings rise from $200 per month to $400 per month,what is the marginal propensity to save?


A) 1.25
B) 0.8
C) 2.5
D) 0.4

Correct Answer:

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