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Victor Alvarez
on Nov 30, 2024

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The MPC is

A) .25.
B) .5.
C) .75.
D) .9.

MPC

Marginal Propensity to Consume, a metric that represents the proportion of an additional unit of income that is spent on consumption.

  • Contrast the principles of marginal propensity to consume (MPC) with marginal propensity to save (MPS).
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JH
Jordan HolderDec 03, 2024
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