Consumer income rises, If MPC is .75 then if consumer

Consumer income rises

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If MPC is .75 then if consumer income rises by $10,000 we would predict that consumption will: A. rise by $7500 while savings fall by $2500. B. fall by $2500 while savings rise by $7500. C. rise by $7500 while savings rise by $2500. D. fall by $2500 while savings fall by $7500.

Reference no: EM131244216

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