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At GDP Income of $600B, Consumption equals $500B. When GDP Income rises to $650B, Consumption rises to $547.50B What is the Marginal Propensity to Consume?

At GDP Income of $600B, Consumption equals $500B. When GDP Income rises to $650B, Consumption rises to \$547.50B What is the Marginal Propensity to Consume? QUESTION 2 Using your answer from question1, what is the spending multiplier

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