Home Page Test Answers Suppose the MPC in an economy is 0.9. The APC is initially 0.95 and disposable income is $4 billion. If disposable income increases to $14 billion, what is the new level of consumption? - Q/A (Question and Answer)

Suppose the MPC in an economy is 0.

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Suppose the MPC in an economy is 0.9. The APC is initially 0.95 and disposable income is $4 billion. If disposable income increases to $14 billion, what is the new level of consumption? – Q/A (Question and Answer)