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Author Question: The sum of the MPC and the MPS is always: a. greater than 1. b. less than 1. c. equal to 1. d. ... (Read 66 times)

Wadzanai

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  • Posts: 528
on: Jun 30, 2018
The sum of the MPC and the MPS is always:
 a. greater than 1.
  b. less than 1.
  c. equal to 1.
  d. equal to zero.
  e. between 0 and 1.

Question 2

Economists would predict that if salaries increased for engineers and decreased for MBAs, fewer people than before would go to graduate school in business and more than before would go in engineering, ceteris paribus.
 a. True
  b. False
  Indicate whether the statement is true or false


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josephsuarez

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


Wadzanai

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

cam1229

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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