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    Exam 12: Aggregate Expenditure and Output in the Short Run
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    The Marginal Propensity to Consume Measures the Average Amount of Wealth
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The Marginal Propensity to Consume Measures the Average Amount of Wealth

Question 83

Question 83

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The marginal propensity to consume measures the average amount of wealth that a consumer spends in a given period of time.

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