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Between 2015 and 2016 the Government Reported That Disposable Income

Question 369

Multiple Choice

Between 2015 and 2016 the government reported that disposable income decreased by $400 billion and consumption expenditure decreased by $280 billion. Based on these data, the MPC equals


A) 1.43
B) 0.80.
C) 0.70.
D) $120 billion.

Correct Answer:

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