If Consumption Equals 800 When Disposable Income Is 1,000,and Then

question 125

Multiple Choice

If consumption equals 800 when disposable income is 1,000,and then consumption increases to 1,000 when disposable income increases to 1,300,the marginal propensity to consume is

• A)8/10.
• B)10/13.
• C)2/3.
• D)3/4.

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