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If Consumption Is $8,000 When Disposable Income Is $10,000, the Marginal

Question 52

Multiple Choice

If consumption is $8,000 when disposable income is $10,000, the marginal propensity to consume

A) is 0.75.
B) is 0.80.
C) is 1.25.
D) is 0.50.
E) cannot be determined from the information given.

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