This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If consumption is $10,000 when income is $10,000, and consumption increases to $11,000 when income ... (Read 61 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Apr 19, 2019

Question 1

If consumption is $30,000 when income is $35,000, and consumption increases to $36,000 when income increases to $43,000, the 
MPC is


◦ 0.65.
◦ 0.75.
◦ 0.80.
◦ 0.95.

Question 2

If consumption is $10,000 when income is $10,000, and consumption increases to $11,000 when income increases to $12,000, the 
MPS is


◦ 0.10.
◦ 0.25.
◦ 0.50.
◦ 0.90.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Marty on Apr 19, 2019

rnehls

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


Marty

  • Hero Member
  • *****
  • Posts: 553
Reply #2 on: Apr 19, 2019
TY


rnehls

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
Comparison of energy consumption in developing and industrialized nations Comparison of energy consumption in developing and industrialized nations
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Mutations and translation

For a complete list of videos, visit our video library