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If an individual increased income If an individual's income increases from $500 to $700 and their spending increases by $120, what is the marginal propensity

If an individual increased income

If an individual's income increases from $500 to $700 and their spending increases by $120, what is the marginal propensity to consume? O a. 0.6 Ob. 1.67 O c. 2.5 O d. 60

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