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

Author Question: The marginal propensity to consume represents A) the level of consumption that occurs if ... (Read 15 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 30, 2018
The marginal propensity to consume represents
 
  A) the level of consumption that occurs if disposable income is zero.
  B) the ratio of total consumption to disposable income.
  C) total income minus total taxes.
  D) the change in output caused by a one-unit change in autonomous demand.
  E) the change in consumption caused by a one-unit change in disposable income.

Question 2

Disposable income equals
 
  A) income minus saving.
  B) income minus both saving and taxes.
  C) consumption minus taxes.
  D) the sum of consumption and saving.
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


big1devin

  • Hero Member
  • *****
  • Posts: 583
Reply #2 on: Jun 30, 2018
Thank you


nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Mechanisms of pain at the nociceptor level Mechanisms of pain at the nociceptor level
The structure of skin (a) and epidermis (b) at the microscopic level. The structure of skin (a) and epidermis (b) at the microscopic level.
Drive-on ramps are dangerous to use. The wheels on the ground level must be chocked (blocked) to ... Drive-on ramps are dangerous to use. The wheels on the ground level must be chocked (blocked) to ...
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Share of Hours Worked by Education Level, 1940–2008 Share of Hours Worked by Education Level, 1940–2008
Video: Retina

For a complete list of videos, visit our video library