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    Am I on the right track?

    Any input or advice would be great! Thank you. 1.Assume that Carl and Wanda each make $5,000.  Each was given a raise of $1,000.  Carl’s spending increased from $4,000 to $4,750.  Wanda’s savings increased from $500 to $600. MPC= change in consumption/change in income I.Carl lives in the...
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