The table given below shows the values of different components of aggregate expenditure of an economy.The marginal propensity to consume (MPC) equals:
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Table 9.2
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A) 0.20 or 1/5.
B) 0.40 or 2/5.
C) 0.80 or 4/5.
D) 0.90 or 9/10.
E) 0.60 or 3/5.
Correct Answer:
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