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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 18
The slope of the consumption schedule in this figure is 0.75. Thus, the:
A) slope of the saving schedule is 1.33.
B) marginal propensity to consume is 0.75.
C) average propensity to consume is 0.25.
D) slope of the saving schedule is also 0.75.
A) slope of the saving schedule is 1.33.
B) marginal propensity to consume is 0.75.
C) average propensity to consume is 0.25.
D) slope of the saving schedule is also 0.75.
Explanation
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The investment demand curve do...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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