This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose consumption is $7,500 when income is $4,000 and the MPSequals 0.4. When income increases to ... (Read 94 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Apr 19, 2019

Question 1

Suppose saving is $1,000 when income is $10,000 and the 
MPC equals 0.9. When income increases to $15,000, saving is


◦ $1,500.
◦ $1,400.
◦ $900.
◦ $500.

Question 2

Suppose consumption is $7,500 when income is $4,000 and the 
MPS equals 0.4. When income increases to $6,000, consumption is


◦ $8,050.
◦ $8,300.
◦ $8,700.
◦ $9,500.
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 tsand2 on Apr 19, 2019

shayla

  • Sr. Member
  • ****
  • Posts: 323
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 50% of students answer this correctly


tsand2

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Apr 19, 2019
TY


shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Cultural Attitudes Toward Insect Consumption Cultural Attitudes Toward Insect Consumption
Cultural Attitudes Toward Insect Consumption Cultural Attitudes Toward Insect Consumption
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Video: Inflammation

For a complete list of videos, visit our video library