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hcraik2 hcraik2
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A year ago
The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to consume (MPC) is 0.65, then a $80 million decrease in disposable income will decrease consumption by ________ million. (Round to the nearest hundredth when appropriate.)

▸ $123.08

▸ $52

▸ $28

▸ $80
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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jbeejbee
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A year ago
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A year ago
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You make an excellent tutor!
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