Question 1
If income increases by $450, we know that the change in
◦ consumption, saving, and imports is greater than $450.
◦ consumption, saving, and imports equals $450.
◦ consumption and saving is greater than $450.
◦ consumption, saving, imports, and exports is less than $450.
Question 2
If the
MPS is 0.25 and the
MPC is 0.6, then the
MPM
◦ is 0.85.
◦ is 0.35.
◦ is 0.15
◦ cannot be determined from the given information.