expand icon
book Macroeconomics 13th Edition by William Baumol ,Alan Blinder cover

Macroeconomics 13th Edition by William Baumol ,Alan Blinder

Edition 13ISBN: 978-1305280601
book Macroeconomics 13th Edition by William Baumol ,Alan Blinder cover

Macroeconomics 13th Edition by William Baumol ,Alan Blinder

Edition 13ISBN: 978-1305280601
Exercise 16
The marginal propensity to consume (MPC) for the United States as a whole is roughly 0.90. Explain in words what this means. What is your personal MPC at this stage in your life How might that change by the time you are your parents' age
Explanation
Verified
like image
like image

Marginal Propensity to Consume in the Un...

close menu
Macroeconomics 13th Edition by William Baumol ,Alan Blinder
cross icon