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| Q. |
By definition, the marginal propensity to consume |
| A. | Equals ΔC/ΔYd |
| B. | Is the behavioral coefficient c in the equation C = a + cYd |
| C. | Is the slope of the consumption function |
| D. | All the above |
| Answer» D. All the above | |
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Fundamentals of Economics and ManagementNo comments yet