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Test: AP Macroeconomics
1. | If the income level in a given economy increases by $100 and spending increases by $80, the marginal propensity to save in that economy is equal to which of the following? |
0.8
0.2
0.75
0.5
Alexander
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Certified Tutor
University of Virginia-Main Campus, Bachelor in Arts, Political Science and Government. Columbia University in the City of Ne...
Caitlin
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University of California-Berkeley, Bachelor of Science, Economics. CUNY Hunter College, Master of Science, Special Education.
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