willsimcoe4842 willsimcoe4842

15-03-2024
Business

contestada

In a closed economy with no taxes, if the marginal propensity to consume (MPC) is 0.8, then the marginal propensity to save (MPS) is:
a. 0.2
b. 0.4
c. 0.8
d. 1.6

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