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    Economics Study Set 6
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    Exam 23: Aggregate Expenditure and Output in the Short Run
  5. Question
    If Consumption Is Defined as C = 2,000 + 0
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If Consumption Is Defined as C = 2,000 + 0

Question 14

Question 14

True/False

If consumption is defined as C = 2,000 + 0.8Y,then the marginal propensity to save is 0.8.

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