If Income Rises from $1,000 to $1,400 and Consumption Rises

question 30

Multiple Choice

If income rises from $1,000 to $1,400 and consumption rises from $1,100 to $1,440,the marginal propensity to save (MPS) is

• A)0.15.
• B)0.85.
• C)0.25.
• D)0.20.

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A walking aid featuring a four-footed base providing increased stability for users.