Question: Suppose aggregate output is demand - determined. Suppose a decrease in autonomous investment expenditure of $ 2 0 million reduces equilibrium national income by $

Suppose aggregate output is demand-determined. Suppose a decrease in autonomous investment expenditure of $20 million reduces equilibrium national income by $48 million. The marginal propensity to spend is equal to
A.2.40.
B.0.58.
C.0.42.
D.-2.40,
E.-0.58.
Suppose aggregate output is demand - determined.

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