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Q.3 Given the table below, fill in the values of the marginal propensity to save (MPS) and the marginal propensity to consume (MPC). Show that
Q.3 Given the table below, fill in the values of the marginal propensity to save (MPS) and the marginal propensity to consume (MPC). Show that MPC + MPS = 1. National Income Consumption Saving MPC MPS 8600 8000 600 --= 9000 8300 700 9400 8600 800 9800 8900 900
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Financial Accounting
Authors: Jan Williams, Mark Bettner, Joseph Carcello
18th Edition
1260247945, 9781260247947
