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Consumption .C C2 Income A movement from C to C2 could be caused by: O A. A lower tax rate. B. A decrease in the marginal propensity to save. C. A decrease in the marginal propensity to consume. O D. A decrease in income O E. A higher tax rate.

Consumption .C C2 Income A movement from C to C2 could be caused by: O A. A lower tax rate. B. A decrease in the marginal propensity to save. C. A decrease in the marginal propensity to consume. O D. A decrease in income O E. A higher tax rate.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Consumption Cz Income A movement from C, to C, could be caused by: A. A lower tax rate. B. A decrease in the marginal propensity to save. C. A decrease in the marginal propensity to consume. D. A decrease in income E. A higher tax rate.
Transcribed Image Text:Consumption Cz Income A movement from C, to C, could be caused by: A. A lower tax rate. B. A decrease in the marginal propensity to save. C. A decrease in the marginal propensity to consume. D. A decrease in income E. A higher tax rate.
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