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Author Question: If the consumption function is of the form [ C= 80 + 0.4 Y], the MPSequals (Read 29 times)

mia

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  • Posts: 564
on: Apr 19, 2019

Question 1

If the 
MPS is 0.05, the 
MPC is


◦ -0.05.
◦ 0.95.
◦ 1.05.
◦ 2.25.

Question 2

If the consumption function is of the form [
C = 80 + 0.4
Y], the 
MPS equals


◦ -0.6.
◦ -0.4.
◦ 0.4.
◦ 0.6.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mia on Apr 19, 2019

ecox1012

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Reply #1 on: Apr 19, 2019
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.
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mia

  • Member
  • Posts: 564
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

FergA

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  • Posts: 352
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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