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    Business
  3. Study Set
    Economics Today Study Set 1
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    Exam 12: Consumption, Real GDP, and the Multiplier
  5. Question
    -Refer to the Above Table
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-Refer to the Above Table

Question 110

Question 110

Multiple Choice

  -Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the marginal propensity to consume? A)  0 B)  0.3 C)  0.7 D)  1
-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What is the value of the marginal propensity to consume?


A) 0
B) 0.3
C) 0.7
D) 1

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