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Mathematics, 27.11.2019 11:31 kuadirkennedy
The patel family has a disposable income of $90,000 annually. assume that their marginal propensity to consume is 0.8 (the patel family spends 80% of new disposable income on consumption) and that their autonomous consumption spending is equal to $10,000. what is the amount of the patel family\'s annual consumer spending?
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