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According to the Above Table, the Marginal Propensity to Consume

Question 448

Multiple Choice

According to the above table, the marginal propensity to consume is
-According to the above table, if real Gross Domestic Product (GDP) equals $30,000, what is the average propensity to consume?


A) 0.67
B) 0.75
C) 0.8
D) 0.87

Correct Answer:

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