The Table Given Below Shows the Real Gross Domestic Product

question 144

Multiple Choice

The table given below shows the real gross domestic product (GDP) ,consumption,and planned investment in an economy.The marginal propensity to consume (MPC) in the economy is:​ ​
Table 9.3
​

• A)0.
• B)0.2.
• C)0.8.
• D)0.9.
• E)80.

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Definitions:

Transportation

The movement of people or goods from one location to another through various modes like trucks, trains, ships, or airplanes.

Warehousing

The practice of storing goods within a designated facility to ensure their preservation and safety before distribution to customers or retailers.

Inverse Relationship

A correlation between two variables in which they move in opposite directions; as one increases, the other decreases.