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a) Explain the concepts of marginal propensity to consume (MPC) and marginal propensity to save (MPS). (2pts)
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a) Explain the concepts of marginal propensity to consume (MPC) and marginal propensity to save (MPS). (2pts) b) What is the MPC for this economy? (2pts) c) Explain the concepts of the autonomous spending and tax multipliers. (2pts) d) What is the autonomous spending multiplier for this economy? (2...
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