Has the mpc been relatively constant

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Reference no: EM131228040

(Marginal Propensity to Consume) Find some recent data on U.S. real disposable income and real consumption spending. (One possible source is the Economic Report of the President at https://w3.access.gpo.gov/eop/, but there are many others.) Use the data to compute the marginal propensity to consume for each year, 1991 to 2004. Has the MPC been relatively constant?

Reference no: EM131228040

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