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    Principles of Macroeconomics Study Set 11
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    Exam 8: Aggregate Expenditure and Equilibrium Output
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    Compare and Contrast the MPC and the MPS
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Compare and Contrast the MPC and the MPS

Question 30

Question 30

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Compare and contrast the MPC and the MPS. Also explain what these two figures must always add up to.

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The MPC is the marginal propensity to co...

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