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msmoss318 msmoss318
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5 years ago
When Javier's income increases by $5,000, he spends an additional $3,750 dollars.  This implies that his marginal propensity to consume is 0.75.
(True or False)?
Textbook 
InMacro

InMacro


Edition: 1st
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AmyHorseAmyHorse
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