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According to the Above Table, the Marginal Propensity to Consume

Question 267

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 $25,000, what is the average propensity to save?


A) 0.0
B) 0.12
C) 0.56
D) 0.88

Correct Answer:

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