The value of consumption is $1000 and income is $2200  Calculate the value of average propensity to consume

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter23: The Aggregate Expenditure Model
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The value of consumption is $1000 and income is $2200 

Calculate the value of average propensity to consume

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