If Autonomous Consumption Rises by $60 And,as a Result,Real GDP

question 20

Multiple Choice

If autonomous consumption rises by $60 and,as a result,Real GDP rises by $240,then the marginal propensity to consume is

• A)0.25.
• B)0.75.
• C)0.05.
• D)0.95.
• E)none of the above

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