Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134744452
Author: PARKIN, Michael
Publisher: Pearson,
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Chapter 11.1, Problem 2RQ
To determine

Explain marginal propensity to consume (MPC) and marginal propensity to save (MPS).

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What is individual Marginal Propensity to Consume and Marginal Propensity to Save?
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