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vellojo vellojo
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7 years ago
The marginal propensity to consume is
A) the change in consumption expenditure divided by the change in disposable income.
B) the change in consumption expenditure divided by total disposable income.
C) total consumption expenditure divided by the change in disposable income.
D) the change in consumption expenditure divided by total saving.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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7 years ago
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vellojo Author
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#2
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
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