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Business, 21.10.2020 02:01 jaygolden370

If the average propensity to consume is 0.75, and the marginal propensity to consume is 0.70, if income rises by $4,000, consumption will increase by . (Remember when we use APC versus MPC. Use only one for this question).

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If the average propensity to consume is 0.75, and the marginal propensity to consume is 0.70, if inc...
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