What will the marginal propensity to consume be

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Income is 90 and savings is 2. Then income increases to 100 and consumption is 97. What will the marginal propensity to consume be?

Reference no: EM131209176

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What will the marginal propensity to consume be : Income is 90 and savings is 2. Then income increases to 100 and consumption is 97. What will the marginal propensity to consume be?
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