Calculate the marginal propensity to consume out ofdisposable incomein Utopia.

I ne following table reports data on consumption and pre-tax Income for Utopia. Ine marginal tax rate in Utopia is 10% (i.e. t = 0.1). Consumption ($ bill) Pre-tax Income ($ bill) 65 100 110 200 245 500 Calculate the marginal propensity to consume out of disposable income in Utopia. O 0.45 O 0.50 O 0.55 O 0.65 O 0 61