If the Marginal Propensity to Consume Is 0

question 149

Multiple Choice

If the marginal propensity to consume is 0.2, the value of the marginal propensity to save is:

• A) 2.
• B) 5.
• C) 1.25.
• D) 0.8.

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Per Capita GDP

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A decrease or reduction in a certain activity, condition, or quantity, often indicating a downward trend.