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alex41 [277]
3 years ago
5

The Jones family has a disposable income of $90,000 annually. Assume that their marginal propensity to consume is 0.8 (the Jones

family spends 80% of new disposable income on consumption) and that their autonomous consumption spending is equal to $10,000. What is the amount of the Jones family\'s annual consumer spending?
Social Studies
1 answer:
pochemuha3 years ago
3 0
21,000 dollars was used to buy stuff

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