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The Table Given Below Shows the Values of Different Components  (Trillions of Dollars) \text { (Trillions of Dollars) }

question 102

Multiple Choice

The table given below shows the values of different components of aggregate expenditure of an economy.The marginal propensity to consume (MPC) equals:
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Table 9.2
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 (Trillions of Dollars)  \text { (Trillions of Dollars) }
 Rea  Net  Disposab  Consumpti  Savin  Planned  Governme  Net  Planned 1 Taxe  le  on  g  Investme  nt  Export  Aggregate GD s  Income  (C)   (S)   nt  Purchases  s  Expenditures P(NT) (YNT)  (I)   (G)  (XC+I+G+(X(Y)  M)  M) 5.01.04.03.90.11.01.00.75.25.51.04.54.30.21.01.00.75.66.01.05.04.70.31.01.00.76.06.51.05.55.10.41.01.00.76.47.01.06.05.50.51.01.00.76.8\begin{array}{llccccccc}\text { Rea } & \text { Net } & \text { Disposab } & \text { Consumpti } & \text { Savin } & \text { Planned } & \text { Governme } & \text { Net } & \text { Planned } \\1 & \text { Taxe } & \text { le } & \text { on } & \text { g } & \text { Investme } & \text { nt } & \text { Export } & \text { Aggregate } \\\mathrm{GD} & \text { s } & \text { Income } & \text { (C) } & \text { (S) } & \text { nt } & \text { Purchases } & \text { s } & \text { Expenditures } \\\mathrm{P} & (\mathrm{NT}) & (\mathrm{Y}-\mathrm{NT}) & & & \text { (I) } & \text { (G) } & (\mathrm{X}- & \mathrm{C}+\mathrm{I}+\mathrm{G}+(\mathrm{X}- \\(\mathrm{Y}) & & & & & & & \text { M) } & \mathrm{M}) \\\hline 5.0 & 1.0 & 4.0 & 3.9 & 0.1 & 1.0 & 1.0 & -0.7 & 5.2 \\5.5 & 1.0 & 4.5 & 4.3 & 0.2 & 1.0 & 1.0 & -0.7 & 5.6 \\6.0 & 1.0 & 5.0 & 4.7 & 0.3 & 1.0 & 1.0 & -0.7 & 6.0 \\6.5 & 1.0 & 5.5 & 5.1 & 0.4 & 1.0 & 1.0 & -0.7 & 6.4 \\7.0 & 1.0 & 6.0 & 5.5 & 0.5 & 1.0 & 1.0 & -0.7 & 6.8\end{array}

Understand the role of government agencies in protecting consumer rights and the specific functions of these agencies.
Understand the various elements of business activity and their interconnections.
Distinguish between tangible and intangible products.
Grasp the economic issues of supply and demand, including understanding limited resources.

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