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Business, 20.02.2020 20:02 phancharamachasm

The marginal propensity to consume (MPC):. a. can be written as the change in consumer spending divided by the change in savings. b. is usually a number between zero and one, but occasionally is a number greater than one. c. is the increase in consumer spending from a $1 increase in disposable income. d. is the increase in disposable income from a $1 increase in consumer spending.

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The marginal propensity to consume (MPC):. a. can be written as the change in consumer spending divi...
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