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suppose that last year consumption was $570B, tax receipts were $240B, and income was $900B. The corresponding numbers for this year are $600B, $250B, and

suppose that last year consumption was $570B, tax receipts were $240B, and income was $900B. The corresponding numbers for this year are $600B, $250B, and $950B. What is the marginal propensity to consume out of disposable income?

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