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Author Question: If consumption is $60,000 when income is $80,000, and consumption increases to $68,000 when income ... (Read 53 times)

james9437

  • Hero Member
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on: Apr 19, 2019

Question 1

If you save $20 when you experience a $80 rise in your income


◦ your 
MPS is 0.4.
◦ your 
MPC is 0.75.
◦ your 
MPC is 0.8.
◦ your 
MPS is 0.8.

Question 2

If consumption is $60,000 when income is $80,000, and consumption increases to $68,000 when income increases to $90,000, the 
MPC is


◦ 0.2.
◦ 0.4.
◦ 0.6.
◦ 0.8.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by james9437 on Apr 19, 2019

nhea

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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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james9437

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Reply #2 on: Apr 19, 2019
TY


nhea

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Reply #3 on: Apr 19, 2019
You're welcome


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