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lcard044 lcard044
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The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to consume (MPC) is 0.80, then a $10 million increase in disposable income will increase saving by ________ million. (Round to the nearest hundredth when appropriate.)

▸ $2

▸ $8

▸ $12.5

▸ $10
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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Marinaanderson0Marinaanderson0
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lcard044 Author
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Smart ... Thanks!
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this is exactly what I needed
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