If your disposable personal income increases from 33,000 to ...

[ghost!]

If your disposable personal income increases from 33,000 to 41,000 and your consumption increases from 8,000 to 12,000 . your marginal propensity to consume (MPC) is:
 a. 0.2.
  b. 0.4.
  c. 0.5.
  d. 0.8.
  e. 1.0.

Question 2

The term balance of trade refers to a nation's:
 a. goods exports minus imports.
  b. current account balance.
  c. capital account balance.
  d. net balance of all international transactions.

[nicoleclaire22]

Answer to Question 1

c

Answer to Question 2

a

[ghost!]

Gracias!

[Perkypinki]

Excellent