The change in consumer spending is 160 and the change in disposable income is 200. Calculate the value of MPC

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter15: Measuring A Nation's Income
Section15.3: The Components Of Gdp
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The change in consumer spending is 160 and
the change in disposable income is 200.
Calculate the value of MPC
Transcribed Image Text:The change in consumer spending is 160 and the change in disposable income is 200. Calculate the value of MPC
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