The above statement is True its marginal propensity to consumer would be 0.75 only.
Marginal propensity to consume (MPC) is a macroeconomic computation that actions the amount more an individual spends (or consumes) when their pay increments.
MPC is a component of Keynesian monetary hypothesis. The average propensity to consume APC which computes the average level of pay that various families of shifting pay levels spend as opposed to save is connected with MPC.
Formula is as follows it would be calculated as MPC = Change in Consumption/ Change in income.
Putting the values we would get as,
MPC = 3750/5000
MPC = 0.75
Therefore MPC value would be as 0.75 the statement is true.
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