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Question 5 3 pts Given that the MPC=.6, we know that .4 of every dollar increase in gross income is saved. Since the increase in
Question 5 3 pts Given that the MPC=.6, we know that .4 of every dollar increase in gross income is saved. Since the increase in income is $100, we know the leakage due to savings is: $100 $40 $20 $60
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Modeling Monetary Economies
Authors: Bruce Champ, Scott Freeman, Joseph Haslag
4th Edition
ISBN: 1316508671, 1316508676, 9781316723302 , 978-1107145221
