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If the MPC Equals 0.75, Then

Question 377

Multiple Choice

If the MPC equals 0.75, then


A) for every $100 increase in consumption, real Gross Domestic Product (GDP) increases by $75.
B) consumption is always more than real Gross Domestic Product (GDP) .
C) for every $100 increase in real Gross Domestic Product (GDP) , saving increases by $75.
D) for every $100 increase in real Gross Domestic Product (GDP) , saving increases by $25.

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