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Business, 03.12.2021 22:00 KRose3311

At your future job, you get an unexpected raise from $50,000 a year to $75,000 a year. With the increased income, you decide to increase your consumption from $30,000 a year to $40,000 a year. Calculate your marginal propensity to consume (MPC).

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At your future job, you get an unexpected raise from $50,000 a year to $75,000 a year. With the incr...
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