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book Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
book Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
Exercise 3
In this figure:
A) the marginal propensity to consume is constant at all levels of income.
B) the marginal propensity to save rises as disposable income rises.
C) consumption is inversely (negatively) related to disposable income.
D) saving is inversely (negatively) related to disposable income.
Explanation
Verified
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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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