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Keynes believed that marginal propensity to consume (MPC) is constant. Therefore, if income increases from $40,000 to $50,000, the increase in consumption will be __________
Keynes believed that marginal propensity to consume (MPC) is constant. Therefore, if income increases from $40,000 to $50,000, the increase in consumption will be __________ the increase when income increases from $80,000 to $90,000.
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