Why is MPC + MPS always equal to 1?
Answer to relevant QuestionsWhat is dissaving? Describe a situation that would create dissaving in an economy. Calculate the level of autonomous investment, I, for each level of national income. If you live in Morocco, you don't have to love soft drinks to appreciate Coca-Cola's contribution to the Moroccan economy. Explain. How would an increase in exports affect the level of national income? Who are discouraged workers? Underemployed workers? Are they counted as part of the labor force? As part of the unemployed? How does the BLS determine who is unemployed?
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