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Business, 25.10.2019 03:43 ketricduggerp2ciuc

Aworker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury, while putting the remaining $30 into retirement savings. based on this decision, calculate the worker’s marginal propensity to consume, or mpc, as a decimal.

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Aworker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities...
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