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

Author Question: Study the data given below:Monthly Income(m)Monthly Consumption Expenditure on Domestic Goods and ... (Read 162 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
on: May 25, 2020
Study the data given below:

Monthly Income
(£m)		Monthly Consumption Expenditure on Domestic Goods and Services
(£m)
400400
450430
500460
550490
600520
650550
The data show that, as monthly income rises from £600m to £850m, the marginal propensity to consume domestically produced goods and services (mpcd) is
◦ rising and monthly withdrawals are constant.
◦ constant and monthly withdrawals are constant.
◦ falling and monthly withdrawals are falling.
◦ rising and monthly withdrawals are falling.
◦ constant and monthly withdrawals are rising.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Collmarie on May 25, 2020

ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: May 25, 2020
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


Collmarie

  • Member
  • Posts: 569
Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Results of the study by Laruelle et al. (1996) Results of the study by Laruelle et al. (1996)
How to find the quartiles and percentiles for a data set How to find the quartiles and percentiles for a data set
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
How to create a frequency table and histogram from raw data How to create a frequency table and histogram from raw data
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Heartfelt Forgiveness Study Heartfelt Forgiveness Study
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library