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The change in consumer spending is 160 and the change in disposable income is 200. Calculate the value of MPC

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter10: Income And Expenditures Equilibrium

Section: Chapter Questions

Problem 8E

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The change in consumer spending is 160 and
the change in disposable income is 200.
Calculate the value of MPC

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