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

Author Question: Suppose two successive levels of disposable personal income are 16 and 21 billion, respectively, and ... (Read 64 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jun 30, 2018
Suppose two successive levels of disposable personal income are 16 and 21 billion, respectively, and the change in consumption spending between these two levels of disposable personal income is 2 billion, then the MPC will be equal to _____.
 a. 0.12
  b. 0.8
  c. 0.7
  d. 0.4
  e. 0.04

Question 2

Every choice has a cost
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

batool

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


berenicecastro

  • Member
  • Posts: 581
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

A genetic bottleneck reduces a population temporarily to very low levels, removing much of its genet A genetic bottleneck reduces a population temporarily to very low levels, removing much of its genet
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
Levels of Ecological Organization Levels of Ecological Organization
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
An overview of the levels of organization in nature An overview of the levels of organization in nature
Parents who have higher levels of education encourage their children to be educated Parents who have higher levels of education encourage their children to be educated
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library