Refer to the information provided in Figure 24.1 below to answer the question(s) that follow. Figure 24.1
-Refer to Figure 24.1. In this economy, 0.5 represents the

Name: Refer to the information provided in Figure 24.1 below to answer the question(s) that follow. Figure 24.1 -Refer to Figure 24.1. In this economy, 0.5 represents the
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Refer to the information provided in Figure 24.1 below to answer the question(s) that follow.  Figure 24.1
-Refer to Figure 24.1. In this economy, 0.5 represents the

Quizplus · Accepted Answer

The MPC (marginal propensity to consume) and MPS (marginal propensity to save) are complementary and must add up to 1. If MPC is 0.5, then MPS is also 0.5.

Refer to the Information Provided in Figure 24