What is the economy''s mpc

Reference no: EM13176527

Suppose that disposable income consumption Andy saving in some country are$200 billion, $150 billion and $50 billion respectively, next assume that disposable income increase by $20 billion, consumption rises by $18 billion and saving goes up by $2 billion. What is the economy's MPC? It's MPC? What was the APC before the increase in disposable income? After the increase?

Reference no: EM13176527

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