Fill in the blanks.
(a) If the average marginal propensity to consume is _____, then a $10 million increase in total income will lead to a $6.4 million increase in consumption.
(b) If the average marginal propensity to consume is _____, then a $100 million increase in total income will lead to a $67 million increase in consumption.
(c) If the average marginal propensity to consume is _____, then a $1 million increase in total income will lead to a $0.82 million increase in consumption.

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The Answer of Fill in the blanks.
(a) If the average marginal propensity to consume is _____, then a $10 million increase in total income will lead to a $6.4 million increase in consumption.
(b) If the average marginal propensity to consume is _____, then a $100 million increase in total income will lead to a $67 million increase in consumption.
(c) If the average marginal propensity to consume is _____, then a $1 million increase in total income will lead to a $0.82 million increase in consumption.

Fill in the Blanks