9. What is the level of saving if: a. Disposable income is $500 and consumption is $450?

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9. What is the level of saving if:

a. Disposable income is $500 and consumption is

$450?

b. Disposable income is $1,200 and the APS is .9?

c. The MPC equals .9, disposable income rises from

$800 to $900, and saving is originally $120 when income equals $800?

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Macroeconomics

ISBN: 9781250781284

8th Edition

Authors: William Boyes, Michael Melvin

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Question Posted: Nov 12, 2024 02:00 AM

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9. What is the level of saving if: a. Disposable income is $500 and consumption is $450?

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Macroeconomics

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