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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

User PanosJee
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7 votes

Answer: C. .75

Explanation: its on quizlet

User Jeetendra Chauhan
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