The following table shows alternative hypothetical economies and the relevant values for the marginal propensity to consume

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The following table shows alternative hypothetical economies and the relevant values for the marginal propensity to consume out of disposable income (MPC), the net tax rate (t), and the marginal propensity to import (m).

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Macroeconomics Theories and Policies

ISBN: 978-0132831529

10th edition

Authors: Richard T. Froyen

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Posted Date: Sep 03, 2020 01:30 PM

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The following table shows alternative hypothetical economies and the relevant values for the marginal propensity to consume

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Macroeconomics Theories and Policies

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