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Author Question: Suppose saving is $1,400 when income is $10,000 and the MPCequals 0.8. When income increases to ... (Read 74 times)

schs14

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  • Posts: 569
on: Apr 19, 2019

Question 1

Suppose consumption is $5,000 when income is $8,000 and the 
MPC equals 0.9. When income increases to $10,000, consumption is


◦ $2,700.
◦ $4,500.
◦ $6,800.
◦ $7,200.

Question 2

Suppose saving is $1,400 when income is $10,000 and the 
MPC equals 0.8. When income increases to $12,000, saving is


◦ $1,680.
◦ $1,800.
◦ $2,200.
◦ $3,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by schs14 on Apr 19, 2019

courtney_bruh

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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.
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schs14

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  • Posts: 569
Reply 2 on: Apr 19, 2019
Excellent

amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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