Multiple Choice
The marginal propensity to consume is calculated as
A) consumption expenditure divided by the change in disposable income.
B) the change in consumption expenditure divided by disposable income.
C) consumption expenditure divided by total disposable income.
D) the change in consumption expenditure divided by saving.
E) the change in consumption expenditure divided by the change in disposable income.
Correct Answer:

Verified
Correct Answer:
Verified
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