Question: Given the following data, what is the marginal propensity to consume? Level of Disposable income Consumption 40 , 000 38,000 48,000 44,000 a. 1.33 b.
Given the following data, what is the marginal propensity to consume?
Level of Disposable income Consumption 40
, 000 38,000 48,000 44,000
a. 1.33
b. 1.16
c. 0.95
d. 0.75
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