In a closed economy with no taxes in which the average MPC is 0.75, which of the following is true?

A) If income is $100 the savings is $75
B) If income is #100 then consumption is $50
C) If income is $200 then saving is $50
D) If income is $200 then consumption is $75
E) If income is $500 then saving is $100


Ans: C) If income is $200 then saving is $50

Economics

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