ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
18. According to the income and consumption schedules shown above, the marginal propensity to consume is
(A) 1.33
(B) 0.90
(C) 0.80
(D) 0.75
(E) decreasing as real disposable income
How come MPC equals 0.75?
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