Macroeconomics (Fourth Edition)
Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Chapter 16, Problem 7RQ
To determine

The effect of marginal propensity to consume in borrowing constrains or precautionary saving issues.

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What are the various factors which influence propensity to consume
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