If the marginal propensity to consume is 4/5 then what must the marginal propensity to save?
a. 2/5
b. 3/5
c. 8/10
d. 1/5
d
Economics
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A key aspect of East Asian development policies was
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According to Tobin's q theory, when equity prices are low the market price of existing capital is ________ relative to new capital, so expenditure on fixed investment is ________
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Economics
Which of the following is an example of a financial intermediary?
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Economics