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In the simple macro model with government and foreign trade, the marginal propensity to consume out of disposable income is whereas the marginal propensity to spend out of national income is O a MPC(1-t)- m: MPC(1 -1). Ob MPC(1- t), MPC(1 -1) - m Oc MPC: MPC(1-)-m Od MPC; MPC(1 -0 MPC(1- 1), MPC

In the simple macro model with government and foreign trade, the marginal propensity to consume out of disposable income is whereas the marginal propensity to spend out of national income is O a MPC(1-t)- m: MPC(1 -1). Ob MPC(1- t), MPC(1 -1) - m Oc MPC: MPC(1-)-m Od MPC; MPC(1 -0 MPC(1- 1), MPC

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In the simple macro model with government and foreign trade, the marginal propensity to consume out of disposable income is whereas the marginal propensity to spend out of national income is O a MPC(1-t)- m; MPC(1 - 1). Ob MPC(1- 1), MPC(1 -1) - m Oc MPC: MPC(1-)-m Od MPC; MPC(1 -) MPC(1- 1), MPC
Transcribed Image Text:In the simple macro model with government and foreign trade, the marginal propensity to consume out of disposable income is whereas the marginal propensity to spend out of national income is O a MPC(1-t)- m; MPC(1 - 1). Ob MPC(1- 1), MPC(1 -1) - m Oc MPC: MPC(1-)-m Od MPC; MPC(1 -) MPC(1- 1), MPC
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