This topic contains a solution. Click here to go to the answer

Author Question: Autonomous consumption is 700 and the marginal propensity to consume is 0.6. Calculate the average ... (Read 92 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
Autonomous consumption is 700 and the marginal propensity to consume is 0.6. Calculate the average propensity to save when disposable income is (a) 10,000, (b) 12,000, and (c) 15,000.
 
  What will be an ideal response?

Question 2

The coordination failure model is based on the possibility of increasing returns to scale
 
  A) both at the aggregate level and at the level of the individual firm.
  B) at the aggregate level, but not at the level of the individual firm.
  C) at the level of the individual firm, but not at the aggregate level.
  D) in future periods, but not in the current period.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmina

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

(a) 0.33; (b) 0.342; (c) 0.353

Answer to Question 2

B




yoroshambo

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a complete list of videos, visit our video library