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Disposable income Consumption 200 205 225 225 250 245 275 265 300 285 Refer to the given data. The marginal propensity to consume (MPC) is: O a. 0.75 O b. 0.80 O c.0.85 C. d. 0.89

Disposable income Consumption 200 205 225 225 250 245 275 265 300 285 Refer to the given data. The marginal propensity to consume (MPC) is: O a. 0.75 O b. 0.80 O c.0.85 C. d. 0.89

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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16 48. Disposable income Consumption 200 205 225 225 250 245 275 265 300 285 Refer to the given data. The marginal propensity to consume (MPC) is: O a. 0.75 O b. 0.80 O c. 0.85 O d. 0.89
Transcribed Image Text:16 48. Disposable income Consumption 200 205 225 225 250 245 275 265 300 285 Refer to the given data. The marginal propensity to consume (MPC) is: O a. 0.75 O b. 0.80 O c. 0.85 O d. 0.89
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