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  • 7 terms

    Term:

    Marginal propensity to consume (MPC)

    Definition:

    THe increase is consumer spending when disposable income rises by $1

    • MACRO EXAM 2- CH26
    • 7 terms
    • Vocabulary for MACRO EXAM 2- CH26. Find, create, and access Macroeconomics, Disposable income, $1, Consumption function, CH26, flashcards with Course Hero.


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