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If your marginal propensity to consume is 0.75 and you get an additional $400 in income, you would spend ______ on consumption. a.$400 b.$533.33 c.$300

If your marginal propensity to consume is 0.75 and you get an additional $400 in income, you would spend ______ on consumption.

a.$400

b.$533.33

c.$300

d.$200

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