[Answered] According to the above table, the value of MPS is A) 0.9. B) 0.1. C) 0.2. D) increasing as real ...

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Author Question: According to the above table, the value of MPS is A) 0.9. B) 0.1. C) 0.2. D) increasing as real ... (Read 30 times)

jasdeep_brar

Hero Member
Posts: 569

on: Jun 30, 2018

According to the above table, the value of MPS is

A) 0.9. B) 0.1.
C) 0.2. D) increasing as real disposable income rises.

Question 2

If a shift in aggregate demand only affects real Gross Domestic Product (GDP), then the short-run aggregate supply (SRAS) curve must be

A) upward sloping. B) downward sloping.
C) horizontal. D) vertical.

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vboyd24

Sr. Member
Posts: 341

Reply #1 on: Jun 30, 2018

Answer to Question 1

B

Answer to Question 2

C

jasdeep_brar

Member
Posts: 569

Reply 2 on: Jun 30, 2018

Wow, this really help

raili21

Member
Posts: 324

Reply 3 on: Yesterday

TYSM

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