erinduffynjip8965 erinduffynjip8965

15-03-2022
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How much will $200 in new spending change equilibrium income if the marginal propensity to save is 0.2

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taylormaggie30 taylormaggie30

22-03-2022

Answer:

$250

Explanation:

1/MPS=1/(1-0.02)=1.25; 1.25x$200= $250

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