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If in response to an increase in government spending of $25 billion, equilibrium output rises by a total of $125 billion, then the marginal propensity to consume is
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If in response to an increase in government spending of $25 billion, equilibrium output rises by a total of $125 billion, then the marginal propensity to consume is
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Dec 16, 2018
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If in response to an increase in government spending of $25 billion, equilibrium output rises by a total of $125 billion, then the marginal propensity to consume is
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Muhammad Ashfaq
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1/1-MPC = 10,MPC=9/10
Kirth
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Dec 20, 2018
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