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MCQ Practice 14050 Questions
1. If the marginal propensity to save of the rich is greater than that of the poor, then a redistribution of income from poor to rich will raise?
(A): (A) neither consumption nor saving out of a given income
(B): (B) saving out of a given income
(C): (C) the average propensity to consume
(D): (D) Consumption out of a given income
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