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If disposable income increases from $15,000 to $18,000, and consumption increases from $13,000 to $15,250, the marginal propensity to consume is: a. .67 b. .70 c. .75 d. .80
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If disposable income increases from $15,000 to $18,000, and consumption increases from $13,000 to $15,250, the marginal propensity to consume is: a. .67 b. .70 c. .75 d. .80
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If disposable income increases from $15,000 to $18,000, and consumption increases from $13,000 to $15,250, the marginal propensity to consume is:
a. .67
b. .70
c. .75
d. .80
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PanosJee
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Answer: C. .75
Explanation: its on quizlet
Jeetendra Chauhan
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Dec 25, 2020
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Jeetendra Chauhan
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