Marginal propensity to consume is defined as ,(' (a) . w (b) slope of the consumption function.

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Marginal propensity to consume is defined as

,\('

(a) . w

(b) slope of the consumption function.

(c) all of the above.

(d) none of the above.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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