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Business, 21.04.2020 17:28, lestessanders02
A. The aggregate expenditures model states that savings and that savings will increase when disposable income or real GDP .
b. Which of the following concepts illustrates how much savings will change when disposable income or real GDP increases by $1?
- Marginal propensity to save (MPS)
- Autonomous consumption
- Disposable savings
- Marginal propensity to consume (MPC)
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Answers: 1
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A. The aggregate expenditures model states that savings and that savings will increase when disposab...
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