If C is $4 trillion, disposable income is $5 trillion, and autonomous consumption is $3 trillion: (

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If C is $4 trillion, disposable income is $5 trillion, and autonomous consumption is $3 trillion: ( LO5 )

a) How much is saving?

b) How much is induced consumption?

c) How much is the APS?

d) If the APS falls by .01, how much (in dollars) does saving fall?

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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