Question: Each term ( 3 months ) , the current group of economics students completed a questionnaireabout how much they would spend on new purchases compared

Each term

(3

months

),

the current group of economics students completed a questionnaireabout how much they would spend on new purchases compared to how much they would save

/

pay off bills if they suddenly and unexpectedly received a check for $

1, 000 .

The averageMPC is shown in the table below.

?^{- 1}

\

table

[[

Month in which student poll was taken

,

Average of students' responses as as MPC

Each term ( 3 months ) , the current group of

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