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

Author Question: What is the marginal propensity to consume for the economy described in Scenario 10.1? a. 0.45 b. ... (Read 16 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
What is the marginal propensity to consume for the economy described in Scenario 10.1?
 a. 0.45
  b. 0.85
  c. 0.65
  d. 0.35
  e. Cannot be determined

Question 2

The law of demand asserts that:
 a. output prices are more important than input prices.
 b. when people want a good badly enough they will find a way to pay for it.
 c. people want to buy more of goods that are priced very high because of their prestige.
  d. the quantity of a good that people will buy is inversely related to the product's price.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Gracias!

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
A Tough Economy ...for students A Tough Economy ...for students
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
People with night eating syndrome may consume more than half their day's calories between 8 pm ... People with night eating syndrome may consume more than half their day's calories between 8 pm ...
The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ... The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ...
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library