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Home Q & A Board Other Fields Homework Help Business Economics
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vellojo vellojo
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7 years ago
Suppose disposable income increases from $5 trillion to $6 trillion. As a result, consumption expenditure increases from $4 trillion to ________. This result means the MPC equals ________.
A) $5 trillion; 0.80
B) $6 trillion; 1.00
C) $4.8 trillion; 0.80
D) $4.5 trillion; 4.50
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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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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