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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: 978-0077660895
book Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn cover

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

Edition 20ISBN: 978-0077660895
Exercise 32
  When consumption equals disposable income: A) the marginal propensity to consume is zero. B) the average propensity to consume is zero. C) consumption and saving must be equal. D) saving must be zero.
When consumption equals disposable income:
A) the marginal propensity to consume is zero.
B) the average propensity to consume is zero.
C) consumption and saving must be equal.
D) saving must be zero.
Explanation
Verified
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The equation with consumption ...

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