Suppose a Consumption Function Is Given as C = $175

question 90

Multiple Choice

Suppose a consumption function is given as C = $175 + 0.85Y_D.The marginal propensity to save is

• A)200.
• B)0.15.
• C)-0.15.
• D)0.85.

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Definitions:

Materials Ledger Card

A record-keeping document used in inventory management that tracks the quantities, costs, and transactions related to a particular inventory item.