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If change in consumption is $350 and change in income is $720 Find APC

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

ChapterD: The Expenditure-output Model

Section: Chapter Questions

Problem 12RQ: Exercise D12 What are the components on which the aggregate expenditure function is based?

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If change in consumption is $350 and change in income is $720

Find APC

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