In the above figure, the marginal propensity to consume (MPC) equals

A) 0.9. B) 0.75. C) 0.8. D) 0.85.

A

Economics

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A tax on candy will be paid by ______

A. only buyers if the demand for candy is inelastic B. only sellers if the supply for candy is inelastic C. buyers and sellers if the demand for candy is elastic D. only buyers if the supply of candy is elastic

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A government's policy to lower the exchange rate is called ____________

a. an import control b. sinking a floating exchange rate c. appreciating the currency d. floating the exchange rate e. devaluation

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