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Answer the question. 16. Suppose that Bob earns $20,000 a year and that Jimena earns $200,000 a year and that both earned a 10% increase

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Answer the question. 16. Suppose that Bob earns $20,000 a year and that Jimena earns $200,000 a year and that both earned a 10% increase in their disposable income. Who do you think is likely to have the higher MPC? Explain your reasoning

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