If the MPC is 0.5, then a $10 million increase in disposable income will increase consumption by

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If the MPC is 0.5, then a $10 million increase in disposable income will increase consumption by

If the MPC is 0.5, then a $10 million increase in disposable income will increase consumption by
A) $2 million.
B) $5 million.
C) $15 million
D) $50 million.

Textbook

InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

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