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

Author Question: Suppose consumption is $7,500 when income is $4,000 and the MPSequals 0.4. When income increases to ... (Read 93 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Apr 19, 2019

Question 1

Suppose saving is $1,000 when income is $10,000 and the 
MPC equals 0.9. When income increases to $15,000, saving is


◦ $1,500.
◦ $1,400.
◦ $900.
◦ $500.

Question 2

Suppose consumption is $7,500 when income is $4,000 and the 
MPS equals 0.4. When income increases to $6,000, consumption is


◦ $8,050.
◦ $8,300.
◦ $8,700.
◦ $9,500.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tsand2 on Apr 19, 2019

shayla

  • Sr. Member
  • ****
  • Posts: 323
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.
Answer Preview
Only 50% of students answer this correctly


tsand2

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Apr 19, 2019
TY


shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Gene duplication increases genetic complexity Gene duplication increases genetic complexity
Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading. Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading.
Per capita annual alcohol consumption (2005) Per capita annual alcohol consumption (2005)
An antique painting is purchased in 1980 for $995. The value increases by 3.1% e An antique painting is purchased in 1980 for $995. The value increases by 3.1% e
Video: Decubitus Ulcer

For a complete list of videos, visit our video library