Multiple Choice
In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports. Table 9.3 Refer to Table 9.3.Calculate the marginal propensity to consume in the economy.
A) 0.25
B) 0.50
C) 0.75
D) 0.80
E) 1.25
Correct Answer:

Verified
Correct Answer:
Verified
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