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Author Question: Suppose two successive levels of disposable personal income are 16 and 21 billion, respectively, and ... (Read 65 times)

berenicecastro

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on: Jun 30, 2018
Suppose two successive levels of disposable personal income are 16 and 21 billion, respectively, and the change in consumption spending between these two levels of disposable personal income is 2 billion, then the MPC will be equal to _____.
 a. 0.12
  b. 0.8
  c. 0.7
  d. 0.4
  e. 0.04

Question 2

Every choice has a cost
 a. True
  b. False
  Indicate whether the statement is true or false


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batool

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

d

Answer to Question 2

True


berenicecastro

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

nathang24

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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