Question: Question 3 9 ( 3 points ) Assume that specific family's annual disposable income rose from $ 5 3 0 0 0 to $ 5

Question 39(3 points)
Assume that specific family's annual disposable income rose from $53000 to $58000.
At the same time desired consumption expenditures rose from $23000 to $25000.
It can be concluded that the family's
Question 39 options:
marginal propensity to consume is 0.4.
average propensity to save is 0.6.
marginal propensity to save is 0.4.
marginal propensity to consume is $2000.
average propensity to consume is 0.4.

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