What was the apc before the increase in disposable income

Reference no: EM13218734

Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respectively. Next, assume that disposable income increases by $80 billion, consumption rises by $60 billion, and saving goes up by $20 billion. What is the economy's MPC? Its MPS?
What was the APC before the increase in disposable income? After the increase?

Reference no: EM13218734

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