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. 1.16 c.

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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