Do you think the MPC (Marginal Propensity to Consume) has risen or fallen

QUESTION

1) Do you think the MPC (Marginal Propensity to Consume) has risen or fallen since the (United States of America) recession of 2008-2009? Explain your reasoning.2) The text identified three goals of macroeconomic policy:a) Minimize unemploymentb) Minimize inflationc) Maximize economic growthObviously, these goals have elements that conflict with one another. Which do you think we are doing the best job of accomplishing in the U.S. currently, and which do you think should receive greater priority? Explain, and cite relevant statistics on the economy’s performance where possible.The textbook I am using is:Farnham, P. (2014). Economics for Managers (3rd ed.). Saddle River, NJ: Prentice Hall.

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