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The Marginal Propensity to Consume Is Calculated as

Question 46

Multiple Choice

The marginal propensity to consume is calculated as


A) consumption expenditure divided by total disposable income.
B) consumption expenditure divided by the change in disposable income.
C) the change in consumption expenditure divided by the change in disposable income.
D) the change in consumption expenditure divided by disposable income.
E) the change in consumption expenditure divided by saving.

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