Question: Handwritten solution not required correct answer will get instant upvote Suppose the marginal propensity to consume is 0.9 and the disposable income is $800, then
Handwritten solution not required correct answer will get instant upvote

Suppose the marginal propensity to consume is 0.9 and the disposable income is $800, then O consumption and saving cannot be determined. personal consumption expenditures will be $720. saving will be $8. saving will be $720. O All the other answers are incorrect Show Transcribed Text C Jackson wants to know about the saving schedule. If this schedule is a straight line then we expect: the marginal propensity to consume must be increasing. the marginal propensity to consume does not change. O average propensity to consume cannot be determined. O marginal propensity to consume cannot be determined. All the other answers are incorrect
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