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  3. Study Set
    Macroeconomics Study Set 35
  4. Exam
    Exam 12: Aggregate Expenditure and Output in the Short Run
  5. Question
    Table 12-4 -Refer to Table 12-4.Given the Consumption Schedule in the Table
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Table 12-4 -Refer to Table 12-4.Given the Consumption Schedule in the Table

Question 1

Question 1

Multiple Choice

Table 12-4
Table 12-4    -Refer to Table 12-4.Given the consumption schedule in the table above,the marginal propensity to consume is A) 0.5. B) 0.6. C) 0.75. D) 0.8.
-Refer to Table 12-4.Given the consumption schedule in the table above,the marginal propensity to consume is


A) 0.5.
B) 0.6.
C) 0.75.
D) 0.8.

Correct Answer:

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