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In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports.
Table 9.3
-Refer to Table 9.3. Compute the marginal propensity to save in the economy.
Reflexive Modernity
A theory in sociology that suggests modern society is increasingly characterized by reflection and change, affecting traditional institutions and lifestyles.
Expands Ability
The process or intervention aimed at increasing the skills, resources, or capacities of individuals or systems.
Reflexively Manage Risks
The process of constantly monitoring and adjusting one's behavior or decisions in response to perceived risks and uncertainties.
Critiqued Modern Society
The act of evaluating and finding fault with aspects of contemporary society, often focusing on social injustice, environmental degradation, or the erosion of traditional values.
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