Why do rich people have a higher marginal propensity to save than poor people?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: May 03, 2018 09:00 AM

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Why do rich people have a higher marginal propensity to save than poor people?

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Rich people have a lower MPC and ...View the full answer

The Macro Economy Today

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