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Answer the Question on the Basis of the Following Consumption

Question 123

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Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars. Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.   Refer to the given data.The marginal propensity to consume in economy (1) is: A)  .5. B)  .3. C)  .8. D)  .7. Refer to the given data.The marginal propensity to consume in economy (1) is:


A) .5.
B) .3.
C) .8.
D) .7.

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