Question: A. If consumption increases by $12 billion when real disposable income increases by $15 billion, what is the value of the MPC? B. What is

A. If consumption increases by $12 billion when real disposable income increases by $15 billion, what is the value of the MPC?

B. What is the relationship between the MPC and the MPS?

C. If the MPC rises, what must happen to the MPS?


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