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Marginal propensity to SPEND refers to: a. a nation's additional spending on a good per an additional unit of expenditure. b. a nation's additional consumption based on a unit increase in income. c. a nation's additional spending based on a unit of trade revenue. d. a nation's willingness to pay for various goods and services. Please give a brief explanation on your answer.
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explain the structure of the economy and its impact on the gdp of sountry.
1) Consumption is positively related to stock market wealth but negatively related to taxes and tax rates.
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