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Other Fields Homework Help Economics Topic started by: Mandolina on May 25, 2017



Title: When Jim's income increased by $1,000, he decided to spend $600 and save the rest. That means his ...
Post by: Mandolina on May 25, 2017
When Jim's income increased by $1,000, he decided to spend $600 and save the rest. That means his marginal propensity
A) to save is 0.6.
B) to consume is $600.
C) to consume is 0.6.
D) to consume is 0.4.


Title: Re: When Jim's income increased by $1,000, he decided to spend $600 and save the rest. That means ...
Post by: folioge on May 25, 2017
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Title: Re: When Jim's income increased by $1,000, he decided to spend $600 and save the rest. That means his ...
Post by: Mandolina on Jun 25, 2017
YOU SAVED MY LIFE AND MY GRADE!

Thank you!