Suppose That When Disposable Income Decreases by $2,000, Consumption Spending

question 299

Multiple Choice

Suppose that when disposable income decreases by $2,000, consumption spending increases by $1500. Given this information, we know that the marginal propensity to consume (MPC) is

• A) )25.
• B) )75.
• C) $1,000/$750 = 1.33.
• D) 1/.25 = 4.

Apply principles of paragraph development in business writing contexts.

Learn to incorporate transitions effectively to enhance coherence and readability in business documents.

Grasp how to effectively organize email message elements including subject lines for mobile viewing.

Appreciate the significance of a conversational yet businesslike tone in workplace writing.

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