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Graph 9-7
-According to Graph 9-7, consumer surplus after trade would be:
Marginal Propensity
The ratio of the change in an economic variable (such as consumption spending) to the change in another variable (such as income).
Planned Investment
Expenditures on capital goods by firms, intended to increase their future production capacity.
Marginal Propensity
The fraction of an additional amount of income that is spent on consumption.
Aggregate Expenditure
The total amount spent on national-level goods and services in an economy.
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