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 9RQ: Exercise D9 What is the marginal propensity to consume, and how is it related to the marginal...
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If the personal disposable income is 400 and the consumption expenditure is 320 find out the average propensity to save
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