Given the Equations for C,I,G,and NX Below,what Is the Value

question 104

Multiple Choice

Given the equations for C,I,G,and NX below,what is the value of the marginal propensity to consume? C = 1,000 + 0.8Y
I = 1,500
G =1,250
NX = 100

• A)0.2
• B)0.8
• C)1.8
• D)10

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