If the marginal propensity to consume is two-thirds, then an increase in personal income taxes of $100 will most likely result in
A. A decrease in consumption of $100.
B. A decrease in autonomous investment of $100.
C. A decrease in consumption of $67 and an increase in savings of $33.
D. A decrease in consumption of $67 and a decrease in savings of $33.
E. An increase in government spending of more than $100.
Answer: E
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