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

Author Question: The Marginal Propensity to Consume and the Marginal Propensity to SaveIf the marginal propensity to ... (Read 100 times)

Mscarter

  • Full Member
  • ***
  • Posts: 159
on: Nov 23, 2022

Question 1

The Marginal Propensity to Consume and the Marginal Propensity to Save

If disposable income increases by $120 million and saving increases by $35 million, then the marginal propensity to save (MPS) is ________. (Round to the nearest hundredth.)
◦ -2.43
◦ 3.43
◦ 0.71
◦ 0.29

Question 2

The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to consume (MPC) is 0.65, then a $80 million decrease in disposable income will decrease consumption by ________ million. (Round to the nearest hundredth when appropriate.)
◦ $123.08
◦ $52
◦ $28
◦ $80
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mscarter on Nov 23, 2022

xinyifff

  • Full Member
  • ***
  • Posts: 159
Reply #1 on: Nov 23, 2022
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 29% of students answer this correctly


Mscarter

  • Member
  • Posts: 159
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Laboratory mice demonstrate that genetic differences can have profound effects on the propensity to Laboratory mice demonstrate that genetic differences can have profound effects on the propensity to
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Food Sources of Fiber Adults need to consume about 21 to 38 grams of fiber daily Food Sources of Fiber Adults need to consume about 21 to 38 grams of fiber daily
You Need to Consume Carbohydrates Daily You Need to Consume Carbohydrates Daily
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library