If the MPC -0.85, what is the value of the MPS? Provide an answer which is accurate to two places to the right of the decimal point.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 1.2CE: Plot the logarithm of arrivals for each transportation mode against time, all on the same graph....
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If the MPC -0.85, what is the value of the MPS? Provide an answer which is accurate to two places to the right of the decimal
point.
Transcribed Image Text:If the MPC -0.85, what is the value of the MPS? Provide an answer which is accurate to two places to the right of the decimal point.
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