Multiple Choice
Refer to the information provided in Figure 8.1 below to answer the questions that follow. Figure 8.1
-Refer to Figure 8.1. The ________ for this household is 0.5 and the ________ is also 0.5.
A) MPC; MPS
B) MPC; consumption function
C) MPS; saving function
D) consumption function; saving function
Correct Answer:

Verified
Correct Answer:
Verified
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