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    Exam 10: B: Basic Macroeconomic Relationships
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    The Greater Is the Marginal Propensity to Consume
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The Greater Is the Marginal Propensity to Consume

Question 192

Question 192

Multiple Choice

The greater is the marginal propensity to consume:


A) the smaller is the marginal propensity to save.
B) the higher is the interest rate.
C) the lower is the average propensity to consume.
D) the lower is the price level.

Correct Answer:

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