If a households income rises from 46000 to 46700 and its


If a household`s income rises from $46,000 to $46,700 and its consumption spending rises from $35,800 to $36,400, then its

A. marginal propensity to consume is 0.86

B. marginal propensity to consume is 0.99

C. marginal propensity to consume is 0.98

D. marginal propensity to save is 0.01

E. marginal propensity to save is 0.86

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Business Economics: If a households income rises from 46000 to 46700 and its
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