Business, 22.07.2021 20:30, natashalane8617

Total planned expenditure (equals total output) is 14,000 when autonomous consumption expenditure is 450. When autonomous consumption expenditure falls to 400, total planned expenditure (equals total output) is 13,800. The marginal propensity to consume is . A) 0.89 B) 0.75 C) 0.99 D) 0.44

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Total planned expenditure (equals total output) is 14,000 when autonomous consumption expenditure is...