The sum of the MPC and the MPS is always: a. greater than 1. b. ...

[Wadzanai]

The sum of the MPC and the MPS is always:
 a. greater than 1.
  b. less than 1.
  c. equal to 1.
  d. equal to zero.
  e. between 0 and 1.

Question 2

Economists would predict that if salaries increased for engineers and decreased for MBAs, fewer people than before would go to graduate school in business and more than before would go in engineering, ceteris paribus.
 a. True
  b. False
  Indicate whether the statement is true or false

[josephsuarez]

Answer to Question 1

c

Answer to Question 2

True

[Wadzanai]

Thanks for the timely response, appreciate it

[Dnite]

Great answer, keep it coming