What is the marginal propensity to consume in this economy? Planned Government Net Exports Aggregate Change in Real GDP (Y) Consumption (C) Investment (1)| Purchases (G) (NX) Expenditures (AE) Inventories 1500 1100 250 1600 1175 100 1700 1250 1800 1900 2000 75 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 0.65 b 0.75 0.85 d. 0.95

ECON MICRO
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ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
Section: Chapter Questions
Problem 1.1P
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What is the marginal propensity to consume in this economy?
Planned
Government
Net Exports
Aggregate
Change in
Real GDP (Y) Consumption (C)
Investment (1') Purchases (G)
(NX)
Expenditures (AE)
Inventories
1500
1100
250
1600
1175
100
1700
1250
1800
1900
2000
75
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
0.65
0.75
0.85
d.
0.95
Transcribed Image Text:What is the marginal propensity to consume in this economy? Planned Government Net Exports Aggregate Change in Real GDP (Y) Consumption (C) Investment (1') Purchases (G) (NX) Expenditures (AE) Inventories 1500 1100 250 1600 1175 100 1700 1250 1800 1900 2000 75 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 0.65 0.75 0.85 d. 0.95
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