Economy, asked by shizuka819, 1 month ago

the total income increased to 12000 and conjunctions increases to 8000 what is the marginal propensity to consume.

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Answers

Answered by studarsani18018
3

Answer:

depends on income, but increased consumption increases ... The size of the multiplier depends on the marginal propensity to consume ... important constituent of aggregate demand in an economy. Keynes.

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