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Calculate national saving at each level of national income


In the economy of Consumerland, national income and consumption are related in this way

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calculate national saving at each level of national income. What is the marginal propensity to consume in Consumerland? What is the marginal propensity to save? If national income rose to $2,000, what do you predict consumption and saving would be?

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Econometrics: Calculate national saving at each level of national income
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