The marginal propensity to consume (MPC) can best be defined as that fraction of O real disposable income that is consumed. real disposable income that is not consumed. a change in real disposable income that is saved. O a change in real disposablencome that is spent.

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Chapter9: Aggregate Expenditures
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QUESTION 1
2.5
The marginal propensity to consume (MPC) can best be defined as that fraction of
O real disposable income that is consumed.
O real disposable income that is not consumed.
O a change in real disposable income that is saved.
O a change in real disposablencome that is spent.
Transcribed Image Text:QUESTION 1 2.5 The marginal propensity to consume (MPC) can best be defined as that fraction of O real disposable income that is consumed. O real disposable income that is not consumed. O a change in real disposable income that is saved. O a change in real disposablencome that is spent.
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