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1. Use the following data to work Problems 1 and 2. You are given the information in the table about the economy of the United

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1. Use the following data to work Problems 1 and 2. You are given the information in the table about the economy of the United Kingdom. Disposable Consumption income expenditure (billions of pounds per year) 300 340 400 420 500 500 600 580 700 660 a) Calculate the marginal propensity to consume. b) Calculate saving at each level of disposable income and calculate the marginal propensity to save

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