Multiple Choice
If the MPC = 0.75 for a particular person this means that:
A) they will spend 75 cents of each new dollar they get.
B) if they receive $1 they want to spend roughly 75%, but probably won't do so.
C) they will spend 25 cents of the $1 and save 75 cents.
D) if they receive $1 then they want to spend 25% of it.
Correct Answer:
Verified
Correct Answer:
Verified
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