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Refer to the information provided in Table 9.7 below to answer the questions that follow.
Table 9.7
All Numbers are in $ Million
-Refer to Table 9.7. Assuming constant MPC, at income of $1,300 million, saving is $________ million, at income of $1,500 million, saving is $________ million.
Collect Data
The process of gathering information or variables of interest in a structured way to answer questions or analyze a situation.
Observational
Relating to the collection of data by observing and measuring phenomena as they occur naturally, without intervention.
Experimental
Pertaining to an investigational method that involves manipulating variables to study cause and effect relationships.
Soft Drink
A non-alcoholic beverage, typically carbonated and flavored.
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