Essay
Table 23-8
-Given Table 23-9 below, fill in the values of the marginal propensity to save (MPS) and the marginal propensity to consume (MPC). Show that MPC + MPS = 1.
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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