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Author Question: The percentage of a change in income that is spent domestically is: a. the sum of the MPC and the ... (Read 28 times)

yoooooman

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on: Jun 30, 2018
The percentage of a change in income that is spent domestically is:
 a. the sum of the MPC and the MPI.
  b. the sum of the MPC and the MPS.
  c. the difference between the MPC and the MPI.
  d. the product of the MPC and the MPI.
  e. the sum of the MPS and the MPI.

Question 2

Price reductions will usually result whenever the quantity supplied exceeds the quantity demanded at the current price.
 a. True
  b. False
  Indicate whether the statement is true or false


14vl19

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


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