Refer to the given data. if disposable income was $325, we would expect consumption to be

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Use the following to answer questions73-78:Type: GTopic: 4E: 154MA:73.154F.B.B

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Type: GTopic: 4E: 156MA:15674.Refer to the above diagram. The marginal propensity to consume isequalto: A)AE/0E.B)CF/CD.C)CB/AB.D)CD/CF.Answer:CType: GTopic: 4E: 154-155MA:154-15575.Refer to the above diagram. At income levelFthe volume ofsavingis: A).D

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Type: GTopic: 4E: 154MA:15476.Refer to the above diagram. Consumption will be equal to incomeat:A) anincome ofE.B) an income ofF.C) pointC.D) pointD.Answer:AType: GTopic: 4E: 154-155MA:154-15577.Refer to the above diagram. The economy isdissaving:H.E.C

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Type: GTopic: 4E: 156MA:15678.Refer to the above diagram. The marginal propensity tosaveis: A)CD/EF.B)CB/CF.C)CB/AF.D)EF/CAnswer:B.A

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