AP Economics MCQ
AP Economics Unit 3
If Maria Escalera disposable income increases from $600 to $650 and her level of personal consumption expenditures increase from $480 to $520, you may conclude that her marginal propensity to
If Maria Escalera disposable income increases from $600 to $650 and her level of personal consumption expenditures increase from $480 to $520, you may conclude that her marginal propensity to
If Maria Escalera disposable income increases from $600 to $650 and her level of personal consumption expenditures increase from $480 to $520, you may conclude that her marginal propensity to
(A) consume is 0.8.
(B) consume is 0.4.
(C) consume is 0.25.
(D) save is 0.8.
(E) save is 0.25.
Answer: A
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