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Assume you have $2,000 autonomous consumption and given $10,000 disposable income did not allow you to save anything. What will be your MPC?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Assume you have $2,000 autonomous consumption and given $10,000 disposable income did not allow you to save anything. What will be your MPC?

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