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hiusy98 hiusy98
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7 years ago
You have the following information on personal consumption expenditures (C) and disposable income (Yd):

Year   C   Yd
1   300   400
2   500   700

a. Compute the marginal propensity to consume.
b. Compute the amount of savings for years 1 and 2.
c. Compute the marginal propensity to save.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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sofreshsofresh
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Posts: 466
7 years ago
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1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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hiusy98 Author
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7 years ago
Project is complete now, thank you for your expertise!
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