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The marginal propensity to consume represents the proportion of consumers' disposable income that is spent. represents the proportion of consumers' disposable income that is spent. has a negative relationship to the spending multiplier. has a negative relationship to the spending multiplier. represents the proportion of consumers' nominal income that is spent represents the proportion of consumers' nominal income that is spent is equal to 1. is equal to 1. represents the portion of consumers' disposable income that is saved.
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