Suppose Erin Receives an Inheritance Worth $50,000

question 48

Multiple Choice

Suppose Erin receives an inheritance worth $50,000. If her MPC is 0.75, how much of the additional $50,000 that Erin earns will be spent?

• A) $50,000
• B) $12,500
• C) $37,500
• D) $40,000

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