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The marginal propensity to consume is defined as consumption divided by disposable income national income divided by consumption the change in national income caused by
The marginal propensity to consume is defined as
consumption divided by disposable income
national income divided by consumption
the change in national income caused by a $ change in consumption
the change in cotsumption caused by a $ change in disposable income
the percentage increase in consumption caused by a decrease in savings
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Essentials Of Applied Econometrics
Authors: Aaron D Smith, J Edward Taylor
1st Edition
0520288335, 9780520288331
