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The marginal propensity to consume (MPC) is the
Multiple Choice
A. None of the other answers are correct.
B. Amount by which consumption increases when disposable income increases by $1.
C. Amount by which disposable income increases when consumption increases by $1.
D. Percentage by which disposable income increases when consumption increases by 1 percent.
E. Percentage by which consumption increases when disposable income increases by 1 percent.



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