Documents Basic Macroeconomic Relationships 10 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill...

Basic Macroeconomic Relationships 10 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Income Consumption and Saving Consumption…

Documents Basic Macroeconomic Relationships. Chapter 9 Figure 9.1.

Basic Macroeconomic Relationships Chapter 9 Figure 9.1 Average and Marginal Propensities to Consume and Save Average Propensities APC = C/DI APS = S/DI since DI = S + C APC…