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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 12
The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals
A) 1.
B) 0.
C) the interest rate.
D) The marginal propensity to invest (MPI).
A) 1.
B) 0.
C) the interest rate.
D) The marginal propensity to invest (MPI).
Explanation
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Marginal propensity to consume is the ra...
Economics for Today 9th Edition by Irvin Tucker
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