Following Is Consumption Schedules for Three Private Closed Economies

question 156

Multiple Choice

Following is consumption schedules for three private closed economies.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.

-Refer to the above data.The marginal propensity to consume in economy (1) :

• A) is .5.
• B) is .3.
• C) is .8.
• D) is .7.

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