This topic contains a solution. Click here to go to the answer

Author Question: When disposable income is 8 trillion, consumption expenditure is 5 trillion; when disposable income ... (Read 140 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
When disposable income is 8 trillion, consumption expenditure is 5 trillion; when disposable income is 5 trillion, consumption expenditure is 3 trillion. The MPC is
 
  A) (5 - 3 )  (8 - 5 ) = 0.667.
  B) (8 - 5 )  (5 - 3 ) = 1.333.
  C) (5/8 + 3/5 ) = 1.225.
  D) (5 + 3 )  (8 - 5 ) = 2.667.
  E) (5 + 3 )  (8 + 5 ) = 0.615.

Question 2

From 1948 to 2011, the average unemployment rate in the United States was approximately
 
  A) 9.6 percent. B) 24.4 percent. C) 5.8 percent. D) 12.0 percent. E) 3.1 percent.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

A

Answer to Question 2

C




jparksx

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Gracias!


alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library