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An increase in marginal propensity to save will lead to
Question 1
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An increase in marginal propensity to save will lead to
an increase in marginal propensity to consume
a decrease in the level of consumption
an immediate decrease in the net national income
an increase in the level of consumption
a decrease in the level of savings
Answer Details
Read lesson note on The Theory Of Demand (JAMB)
Read lesson note on Economics As A Science (JAMB)
The Theory Of Demand
Economics As A Science
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