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If Luke's APC is 0.75 and he consumes $2,000 a month, his income is $2,666.67.

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If Luke's APC is 0.75 and he consumes $2,000 a month, his income is $2,666.67.

If Luke's APC is 0.75 and he consumes $2,000 a month, his income is $2,666.67.
A) True
B) False

Textbook

Principles of Macroeconomics

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 76 times

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NYC Author

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8 years ago

Good answer, thanks.

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