Author Question: The Marginal Propensity to Consume and the Marginal Propensity to SaveBased on the equations for C, ... (Read 22 times)

ega16 · **on:** Nov 23, 2022

Question 1

The Marginal Propensity to Consume and the Marginal Propensity to Save

Consumption	Disposable Income
$600	$800
800	1250
1000	1700

Given the data in the table, the marginal propensity to save (MPS) is ________. (Round to the nearest hundredth.)
◦ 0.75
◦ 0.56
◦ 0.41
◦ 0.44

Question 2

The Marginal Propensity to Consume and the Marginal Propensity to Save

Based on the equations for C, I, G, and NX below, what is the value of the marginal propensity to consume? (Round to the nearest hundredth.)

C = 2500 + 0.85Y
I = 2800
G = 2100
NX = 400

◦ 0.85
◦ 0.15
◦ -0.85
◦ 0.51

latoyia.cook · **Reply #1 on:** Nov 23, 2022

A FREE account is required to view all solutions!

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 29% of students answer this correctly