EBK ECONOMICS
EBK ECONOMICS
4th Edition
ISBN: 8220101443649
Author: KRUGMAN
Publisher: YUZU
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Chapter 28, Problem 5P
To determine

Concept Introduction:

Marginal Propensity to Consume (MPC): It is that proportion of amount which the consumer pays for consumption of goods and services, and it does not include the savings of the consumer.

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