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In Microsoft Word, answers are needed to complete the assignment. (Through the use of the text) 1. Explain the marginal propensity to consume & save.

In Microsoft Word, answers are needed to complete the assignment. (Through the use of the text)

1. Explain the marginal propensity to consume & save.

2. Explain each column of Table 10.1 p. 199 excluding APS & APC columns.

3. List the reasons why investment is unstable, p. 209.

4. Explain the multiplier effect & how the multiplier is computed, p. 210.

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