If a household's disposable income increases from 50,000 to ...

[OSWALD]

If a household's disposable income increases from 50,000 to 100,000 and its consumption increases from 40,000 to 80,000 . the MPS must be _____.
 a. 0.4
  b. 0.8
  c. 0.7
  d. 0.2
  e. 0.5

Question 2

The opportunity cost of attending college is likely to be higher for a high school graduate who leaves a job grilling hamburgers than it is for a high school dropout who leaves a job working as a computer network administrator.
 a. True
  b. False
  Indicate whether the statement is true or false

[honnalora]

Answer to Question 1

d

Answer to Question 2

False

[OSWALD]

Gracias!

[bbburns21]

Excellent