Here is the excel file for the worksheet we used in class on Thursday, October 8th. I encourage you to play around with the graph by changing the variable values and hitting tab to see the C, AD values and the graph lines change.
Category: Week 7
Week 7 – Savings and Investment
Weekly Review 5
Read: Marginal Propensity to Consume – Investopedia
Chappelow,Jim. 2020. “Marginal Propensity to Consume (MPC)” Investopedia. https://www.investopedia.com/terms/m/marginalpropensitytoconsume.asp
There is a video embedded in this link. You can either read the article or watch the video. You do not need to do both (but, of course, may do so if you wish).
