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Home Q & A Board Other Fields Homework Help Business Economics
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justinw2200 justinw2200
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4 years ago
How does an increase in the marginal propensity to consume affect the consumption function? What happens to equilibrium output? Illustrate your answer with a graph of the income-expenditure model.
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Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
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mcwieckmcwieck
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4 years ago
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4 years ago
Smart ... Thanks!
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