Calculate the value of average propensity to save when savings is given to be as $400 and income is $1100

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 6P
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Calculate the value of average propensity to save when savings is given to be as $400 and income is $1100

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ISBN:
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Publisher:
SAGE Publications, Inc