(Advanced Analysis)Answer the Question on the Basis of the Following

question 65

Multiple Choice

(Advanced analysis) Answer the question on the basis of the following consumption schedule: C = 20 + .9Y,where C is consumption and Y is disposable income. Refer to the given data.The MPC is:

• A) .45.
• B) .20.
• C) .50.
• D) .90.

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Definitions:

Voting

The act of making a choice among options or deciding in an election or poll, typically done secretly.

Discussion to Consensus

A method of decision-making where group members engage in discussions until a unanimous agreement is reached or a general consensus is formed.

Commission

A payment or reward given for completing a service or achieving a goal, often calculated as a percentage of the sales or transactions made.

Omission

The act of leaving out or excluding something, either intentionally or unintentionally.