MCQOPTIONS
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| 1. |
The fraction of change in income that is consumed or spend is called ? |
| A. | the marginal propensity of expenditure |
| B. | the marginal propensity to save |
| C. | the average propensity to consume |
| D. | the marginal propensity to consume |
| Answer» D. the marginal propensity to consume | |