Business, 01.01.2020 22:31 Truezoe09

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?

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The jones family has a disposable income of $90,000 annually. assume that their marginal propensity...