Complete the following table assuming that (a) MPS = 1/3, (b) there is no government and all saving is personal saving.
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Q1: List six events that could cause a
Q2: Define the consumption and saving schedules.
Q4: What are the marginal propensity to consume
Q7: Complete the accompanying table. Q7: Explain how consumption and saving are related Q8: State four factors that explain why investment Q11: List four factors that could shift the Q13: Use the following data to answer the Q14: Complete the accompanying table. Q16: Describe the relationship between the Great Recession
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