If the MPC Is 0

question 144

Multiple Choice

If the MPC is 0.8 and disposable income is $200, then

• A) consumption and saving cannot be determined from the information given.
• B) saving will be $20.
• C) personal consumption expenditures must be $160.
• D) saving will be $40.

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Definitions:

Local Clergyman

A religious leader serving a specific community or parish, often involved in spiritual guidance, community support, and religious ceremonies.

International Audience

A group of people from different countries around the world who are the recipients or viewers of specific content, events, or performances.

Greensboro

A city in North Carolina known for its significant role in the civil rights movement, particularly the 1960 sit-in by four African American college students at a segregated Woolworth's lunch counter.

Woolworth's Lunch Counter

Refers to a series of nonviolent protests in 1960 that challenged racial segregation at the lunch counter in a Woolworth's store in Greensboro, North Carolina.