The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals a. b.O. c.the interest rate. d. the marginal propensity to invest (MPI)
The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals a. b.O. c.the interest rate. d. the marginal propensity to invest (MPI)
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 7P
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The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals
- a.
b.O.
c.the interest rate.
d. the marginal propensity to invest (MPI)
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