An economy is in equilibrium. From the following data. calculate the marginal propensity to save: (a)...
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An economy is in equilibrium. From the following data. calculate the marginal propensity to save: (a) Income = 10,000 (b) Autonomous consumption = 500 (c) Consumption expenditure = 8,000 An economy is in equilibrium. From the following data. calculate the marginal propensity to save: (a) Income = 10,000 (b) Autonomous consumption = 500 (c) Consumption expenditure = 8,000
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Managerial economics
ISBN: 978-1118041581
7th edition
Authors: william f. samuelson stephen g. marks
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