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Home Q & A Board Other Fields Homework Help Business Economics
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Mandolina Mandolina
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6 years ago
If an economy's aggregate income increases from $500 billion to $600 billion, and consumption spending increases from $300 billion to $375 billion, the economy's marginal propensity to consume is 0.75.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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Mandolina Author
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6 years ago
Wwow, couldn't thank you enough
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