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Suppose C(x) Measures an Economy's Personal Consumption Expenditure and X

Question 44

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Suppose C(x) measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then, Suppose C(x) measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then, measures the economy's savings corresponding to an income of x billion dollars. Then . The quantity is called the marginal propensity to save. For the consumption function find the marginal propensity to save. Round the answer to three decimal places, if necessary. $__________ billion/billion dollars measures the economy's savings corresponding to an income of x billion dollars. Then Suppose C(x) measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then, measures the economy's savings corresponding to an income of x billion dollars. Then . The quantity is called the marginal propensity to save. For the consumption function find the marginal propensity to save. Round the answer to three decimal places, if necessary. $__________ billion/billion dollars . The quantity Suppose C(x) measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then, measures the economy's savings corresponding to an income of x billion dollars. Then . The quantity is called the marginal propensity to save. For the consumption function find the marginal propensity to save. Round the answer to three decimal places, if necessary. $__________ billion/billion dollars is called the marginal propensity to save. For the consumption function Suppose C(x) measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then, measures the economy's savings corresponding to an income of x billion dollars. Then . The quantity is called the marginal propensity to save. For the consumption function find the marginal propensity to save. Round the answer to three decimal places, if necessary. $__________ billion/billion dollars find the marginal propensity to save. Round the answer to three decimal places, if necessary. $__________ billion/billion dollars

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