The table gives you information about the economy of Australia. Disposable Calculate the marginal propensity to save. income The marginal propensity to save is 0.25 >>> Answer to 2 decimal places. Saving (billions of dollars per year) 0 100 0 25 200 50 300 75 400 100

Principles of Macroeconomics (MindTap Course List)
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Author:N. Gregory Mankiw
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Chapter13: Savings,investment And The Financial System
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The table gives you information about the economy of Australia.
Disposable
Calculate the marginal propensity to save.
income
The marginal propensity to save is 0.25
>>> Answer to 2 decimal places.
Saving
(billions of dollars per year)
0
100
0
25
200
50
300
75
400
100
Transcribed Image Text:The table gives you information about the economy of Australia. Disposable Calculate the marginal propensity to save. income The marginal propensity to save is 0.25 >>> Answer to 2 decimal places. Saving (billions of dollars per year) 0 100 0 25 200 50 300 75 400 100
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