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 95 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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
Spirituality increases with age, but there are different patterns for the two genders. Both genders ... Spirituality increases with age, but there are different patterns for the two genders. Both genders ...
What's Your BMI? As your BMI increases, you are more likely to be overweight or obese What's Your BMI? As your BMI increases, you are more likely to be overweight or obese
Income per Capita versus Income of the Bottom Quintile Income per Capita versus Income of the Bottom Quintile
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
The Parade of World Income The Parade of World Income
Video: Cavernous Sinus Larynx Middle Ear Orbit: Granulesm Animation

For a complete list of videos, visit our video library