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Answer to Question #319370 in Macroeconomics for KGAO
Question #319370
In the aggregate expenditures model, the size of the marginal propensity to consume (MPC) is assumed to always be…
a. equal to infinity.
b. zero.
c. greater than ten.
d. an amount greater than zero, but less than one.
e. an amount greater than ten, but more than zero.
Expert's answer
d
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