In year one adam earns 1000 and saves 100 in year 2 adam
In year one, Adam earns $1,000 and saves $100. In year 2, Adam gets a $500 raise so that he earns a total of $1,500. Out of that $1,500, he saves $200. What is Adam's MPC out of his $500 raise. Explain your answer.
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in year one adam earns 1000 and saves 100 in year 2 adam gets a 500 raise so that he earns a total of 1500 out of that
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