Shaness1205 Shaness1205

08-03-2024
Business

contestada

If your disposable income increases from $14,000 to $19,000 and your consumption increases from $9,000 to $12,000, your Marginal Propensity to Consume (MPC) is:
a. 0.2
b. 0.4
c. 0.8
d. 0.6

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