question archive Suppose that when disposable income decreases by $2,000, consumption spending increases by $1,500
Suppose that when disposable income decreases by $2,000, consumption spending increases by $1,500
Subject:EconomicsPrice:2.88 Bought3
Suppose that when disposable income decreases by $2,000, consumption spending increases by $1,500. Given this information, what is the marginal propensity to consume (MPC)?
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