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    Economics Today Study Set 1
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    Exam 12: Consumption, Real GDP, and the Multiplier
  5. Question
    Assuming That Yd = $10,000 and C = $12,000, We
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Assuming That Yd = $10,000 and C = $12,000, We

Question 291

Question 291

Multiple Choice

Assuming that Yd = $10,000 and C = $12,000, we would find that the average propensity to save equals


A) 0.8.
B) 1.2.
C) -0.2.
D) -0.8.

Correct Answer:

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