Jack Nelson, a supervisor in the hardware department at Sears, received a 3,000 increase in his annual disposable income. Suppose his marginal propensity to consume is 0.80. How much of the 3,000 increase will Jack spend on consumption?
A) 3,000 B) 2,750 C) 2,200 D) 2,400 E) 2,500
Question 2
The table above gives the labor market for a small foreign economy. Equilibrium in the labor market occurs at a real wage rate of
A) 7.15 per hour.
B) 8.50 per hour.
C) 9.00 per hour.
D) 7.65 per hour.
E) 8.00 per hour.
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Risk of Stroke and Heart Disease Increase with Increasing Blood Pressure
Nonlinear increase in saturation vapor pressure with increase in temperature.
IPCC Temperature Increase Predictions Relative to 1986-2005
Modern machinery has helped farmers increase yields
Increase in total spending in presidential campaigns, 1976-2020