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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 14
The marginal propensity to save is
A) the change in saving induced by a change in consumption.
B) (change in S)/(change in Y).
C) 1 ? MPC/MPC.
D) (change in Y ? bY)/(change in Y).
E) 1 ? MPC.
A) the change in saving induced by a change in consumption.
B) (change in S)/(change in Y).
C) 1 ? MPC/MPC.
D) (change in Y ? bY)/(change in Y).
E) 1 ? MPC.
Explanation
Verified
Verified
Marginal Propensity to consume 
Where,
...
Economics for Today 9th Edition by Irvin Tucker
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