Which of the Following Is the Correct Formula for the Marginal

question 85

Multiple Choice

Which of the following is the correct formula for the marginal propensity to consume?

• A) MPC = 1 ÷ (1 - MPC).
• B) MPC = (total consumption)÷ (total disposable income).
• C) MPC = 1 - MPS.
• D) MPC = (change in consumption)+ (change in disposable income).

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