HELP PLEASE If in response to an increase in investment of $5 billion, equilibrium output rises by a total of $20 billion, then the marginal propensity to consume is

A) .8

B) .75

C) .7

D) .6

E) .85

Question

05-07-2022
Business

Answered

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HELP PLEASE If in response to an increase in investment of $5 billion, equilibrium output rises by a total of $20 billion, then the marginal propensity to consume is

A) .8

B) .75

C) .7

D) .6

E) .85

Sagot :

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