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sophiegiu sophiegiu
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5 years ago
When Jack's income increases by $5,000, he spends an additional $4,000 dollars.  This implies that his marginal propensity to consume is 1.25.
(True or False)?
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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Replies
wrote...
5 years ago
False
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