If Consumption Is $30,000 When Income Is $35,000, and Consumption

question 136

Multiple Choice

If consumption is $30,000 when income is $35,000, and consumption increases to $36,000 when income increases to $43,000, the MPC is

• A) 0.65.
• B) 0.75.
• C) 0.80.
• D) 0.95.

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