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The Marginal Propensity to Consume (MPC) Can Best Be Defined

Question 412

Multiple Choice

The marginal propensity to consume (MPC) can best be defined as that fraction of


A) real disposable income that is consumed.
B) real disposable income that is not consumed.
C) a change in real disposable income that is spent.
D) a change in real disposable income that is saved.

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