Category: Macroeconomics

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Measures to Increase MPC

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In Macroeconomics
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On June 11, 2016
Measures to Increase Marginal Propensity to Consume | Macroeconomics Marginal Propensity to Consume (MPC) is the extra amount that people consume when they receive an extra amount of disposable income (Income after paying tax) .The short run production function is stable as it is very difficult to change in the short period of psychological and […]
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