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    Economics Today Study Set 1
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    Exam 12: Consumption, Real GDP, and the Multiplier
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    According to the Above Table, the Marginal Propensity to Consume
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According to the Above Table, the Marginal Propensity to Consume

Question 323

Question 323

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, planned saving equals


A) $2,000.
B) $3,000.
C) $4,000.
D) $5,000.

Correct Answer:

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