What is marginal propensity to consume

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Q. Which of following would not increase autonomous consumption spending?

1. Which of following is equivalent to marginal propensity to consume?

2. If incomes increased by $20,000, government purchases are fixed at $10,000, investment spending is fixed at $5,000, net exports are re fixed at $500 and aggregate expenditure is increasing by $15,000, what is marginal propensity to consume (MPC)?

 

 

Reference no: EM1369178

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