Economy, asked by garvjindal, 5 months ago

In an economy the value of Multiplier is 10. When income is 50,000 * APC is 0.96.
At what income APC will be 0.95.​

Answers

Answered by shubhamkh9560
5

Explanation:

The average propensity to consume (APC) is the ratio of consumption expenditures ... consume at the particular level of income. ... What is the MPC as DI goes from $50,000 to $60,000

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