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

Author Question: The marginal propensity to consume (MPC) can best be defined as that fraction of A) real ... (Read 46 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
The marginal propensity to consume (MPC) can best be defined as that fraction of
 
  A) real disposable income that is not consumed.
  B) a change in real disposable income that is spent.
  C) a change in real disposable income that is saved.
  D) real disposable income that is consumed.

Question 2

New growth theorists conclude that
 
  A) invention is more important than innovation in spurring economic growth.
  B) economic growth can continue as long as we keep coming up with new ideas.
  C) rates of global economic growth are limited by the amount of raw materials available.
  D) the amount of technological innovation in an economy is independent of the rewards offered for innovation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

popopong

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that
The fraction of ligand-binding sites occupied, θ The fraction of ligand-binding sites occupied, θ
Are reality shows “real”? Does the media tell the “truth”? Are reality shows “real”? Does the media tell the “truth”?
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
The TaqMan approach to quantitative real-time PCR (qPCR) The TaqMan approach to quantitative real-time PCR (qPCR)
Real skeleton of a lion Real skeleton of a lion
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library