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    Exam 23: The Aggregate Expenditure Model
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    A Given Change in Disposable Income Would Have the Smallest
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A Given Change in Disposable Income Would Have the Smallest

Question 65

Question 65

Multiple Choice

A given change in disposable income would have the smallest effect on consumption with which of the following marginal propensities to consume?


A) 0.2
B) 0.4
C) 0.6
D) 0.8

Correct Answer:

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