Refer to the above graph to answer this question. What is the value of the marginal propensity to expend (MPE)? Ⓒa. 2. O b. 1. c. $300. d. 0.5.

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Aggregate Expenditures
800
700
600
500
400
300
200
100
0
200 400 600 300 1000
O a. 2.
O b. 1.
O c. $300.
AE
Refer to the above graph to answer this question. What is the value of the marginal propensity to
expend (MPE)?
d. 0.5.
Income
Transcribed Image Text:Aggregate Expenditures 800 700 600 500 400 300 200 100 0 200 400 600 300 1000 O a. 2. O b. 1. O c. $300. AE Refer to the above graph to answer this question. What is the value of the marginal propensity to expend (MPE)? d. 0.5. Income
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