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Between 2008 and 2009 the Government Reported That Disposable Income

Question 185

Multiple Choice

Between 2008 and 2009 the government reported that disposable income decreased by $300 billion.If the MPC equals 0.8,then consumption expenditure

A) decreases by $40 billion.
B) decreases by $1,500 billion.
C) decreases by $24 billion.
D) decreases by $32 billion.

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