Define average propensity to consume, average propensity to save, marginal propensity to consume, marginal propensity to save.
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Define average propensity to consume, average propensity to save, marginal propensity to consume, marginal propensity to save.
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In economics the average propensity to consume APC and the average propensity to save APS are two measures that describe how individuals or households ...View the full answer
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Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
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