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Consumption and Saving - End of Chapter Problem At your future job, you get an unexpected raise from $50,000 a year to $75,000 a year.

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Consumption and Saving - End of Chapter Problem At your future job, you get an unexpected raise from $50,000 a year to $75,000 a year. With the increased income, you decide to Macmillan Learning increase your consumption from $30,000 a year to $40,000 a year. Calculate your marginal propensity to consume (MPC)

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