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    Principles of Economics Study Set 6
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    Exam 20: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    Refer to the Information Provided in Figure 20
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Refer to the Information Provided in Figure 20

Question 103

Question 103

Multiple Choice

Refer to the information provided in Figure 20.1 below to answer the questions that follow.
Refer to the information provided in Figure 20.1 below to answer the questions that follow.    Figure 20.1 -Refer to Figure 20.1.What is the MPC in this economy? A) 0.5 B) 0.75 C) 0.8 D) cannot be determined from the graph Figure 20.1
-Refer to Figure 20.1.What is the MPC in this economy?


A) 0.5
B) 0.75
C) 0.8
D) cannot be determined from the graph

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