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    Principles of Macroeconomics Study Set 12
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    Exam 8: Aggregate Expenditure and Equilibrium Output
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    If Consumption Is $13,000 When Income Is $12,000, and Consumption
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If Consumption Is $13,000 When Income Is $12,000, and Consumption

Question 121

Question 121

Multiple Choice

If consumption is $13,000 when income is $12,000, and consumption increases to $15,000 when income increases to $15,000, the MPS is


A) -0.15.
B) 0.
C) 0.33.
D) 0.40.

Correct Answer:

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