Essay
Given Table 8.6 below, fill in the values of the marginal propensity to save (MPS)and the marginal propensity to consume (MPC).Show that MPC + MPS = 1.
Table 8.6
Correct Answer:

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The MPC is defined as:
MPC =
=
=
= 0....View Answer
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Correct Answer:
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MPC =
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