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An increase in marginal propensity to save will lead to

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Economics WAEC 1998

An increase in marginal propensity to save will lead to

  • an increase in marginal propensity to consume
  • a decrease in the level of consumption checkmark
  • an immediate decrease in the net national income
  • an increase in the level of consumption
  • a decrease in the level of savings

The correct answer is: B

Explanation

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