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-Be able to calculate APC, / APS, MPC, and MPS from a table or graph. - Be able to locate the consumption curve, reference
-Be able to calculate APC, / APS, MPC, and MPS from a table or graph. - Be able to locate the consumption curve, reference line and the break-even income level. Be able to define economic investment. Know the relationship between interest rate and the level of investment spending -Know the most important determinant of investment spending and consumer spending know the multiplier effect and be able to calculate it.
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