The percentage of a change in income that is spent domestically ...

[yoooooman]

The percentage of a change in income that is spent domestically is:
 a. the sum of the MPC and the MPI.
  b. the sum of the MPC and the MPS.
  c. the difference between the MPC and the MPI.
  d. the product of the MPC and the MPI.
  e. the sum of the MPS and the MPI.

Question 2

Price reductions will usually result whenever the quantity supplied exceeds the quantity demanded at the current price.
 a. True
  b. False
  Indicate whether the statement is true or false

[14vl19]

Answer to Question 1

c

Answer to Question 2

True