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Author Question: Suppose two successive levels of disposable personal income are 16 and 21 billion, respectively, and ... (Read 56 times)

berenicecastro

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Suppose two successive levels of disposable personal income are 16 and 21 billion, respectively, and the change in consumption spending between these two levels of disposable personal income is 2 billion, then the MPC will be equal to _____.
 a. 0.12
  b. 0.8
  c. 0.7
  d. 0.4
  e. 0.04

Question 2

Every choice has a cost
 a. True
  b. False
  Indicate whether the statement is true or false



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batool

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Answer to Question 1

d

Answer to Question 2

True




berenicecastro

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Reply 2 on: Jun 30, 2018
:D TYSM


bdobbins

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Reply 3 on: Yesterday
Excellent

 

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